the value of a machine Depreciates by 10% and annually . if the present value of the machine is 100000, what will be its value after 2 years
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Answered by
5
Answer:
is it compound or simple
Answered by
26
Answer:
Step-by-step explanation:
P=1,00,000
R=10%
T=2 Years
Depreciated Amount= P x (1-R/100) ²
=1,00,000 x (1-10/100)²
=1,00,000 x (9/10)²
=1,00,000 x 9/10 x 9/10
=1,00,000 x 0.9 x 0.9
=1,00,000 x 0.81
= 81,000
Therefore, The value of the machine after 2 years is ₹81,000
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