Question

The value of a machine depreciates each year by 10% of its value at the beginning of that year it's value when new is 750 rs. Find its value when it is 2 years old

Answer 1

Answer:  The value of a car is RS 607.5 after 2 yrs

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Answer by CI decrease method and loss method

Step-by-step explanation:

Step-by-step explanation:

Value of car is 750

Then:

P= 750

R =10%

t = 2 yrs

A= P(1-R/100)^T

=750(1-10/100)^2

=750(1-1/10)^2

=750(10-1/10)^2

=750(9/10)^2

=750*9/10*9/10

=60750/100

=RS 607.5 or $8.2