Question

The value of a machine depreciates by 10% annually. If the present value of the machine is Rs 80000, its value after 2 years will be: Rs 6480 Rs 64800 Rs 32400 Rs 3240

Answer 1

Step-by-step explanation:

Present value= ₹80,000

Value after one year=80,000 - 10%of 80,000

=80,000-8,000

=72000

Value after two years=72000-10%of 72000

=72000-7200

=64800

Correct answer is b. Rs. 64800

Hope it helps!!