Question

The value of a machine depreciates (decreases) every year by 5%. If the present value of the machine is ₹24000, what will be the value of the machine after 2 years​

Answer 1

Answer:

value of machine after two years= p(1-r/100)^n

= 24000(1-5/100)^2

=24000×(95/100)^2

=₹21660

so,it's value after 2 years=₹21660

Answer 2

Answer:

Rs.24,818.75 is the write answer

Step-by-step explanation:

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