Question

The value of a machine depreciates every year by 10%. If its present value is 50,000 the the value of the machine after 2 years is .​

Answer 1

Original price Rs50,000

Rate of decrement =10%

∴ Price after 1 year =50000(1−10010)

=50000×10090

=45000

Price after 2 years =45000(1−10010)

=45000×10090

=40500.

Rs40,500 

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Answer 2

Answer:

40,500

Explanation:

In the first year, after 10% depreciation the value would be:

50,000-5000=45,000

In the second year, after 10% depreciation applied on it again the value would be:

45,000-4500= 40,500

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-Sid The Math Kid