The value of a machine depreciates at the rate of 8 per cent per annum . if the value of the machien is now Rs75,000 what wiill be its value after 3 yeares?
Answers
Answered by
4
Answer: Let the value of machine 2 year ago is x
Thenx×
100
90
×
100
90
=162000
⇒x=
90×90
162000×100×100
⇒x=200000
Step-by-step explanation:
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Answered by
3
Given,
We have a machine that is depreciated at the rate of 8% p.a.
And its current value is Rs.75000
To find,
Its value at the End of 3 years
Solution,
We have to apply the Written Down Value(WDV) method to solve this question
Value of machine after 1 Year
= Rs. 75000(1-0.08)%
= Rs. 69000
Value of Machine after 2 years
= Rs. 69000(1-0.08)%
= Rs. 63480
Value of Machine after 3 years
= Rs. 63480(1-0.08)%
= Rs. 58401.6
Hence the value of the machine after 3 years would be Rs.58401.6.
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