Question

the value of a machine depreciates every year by 10%.if its present value is ₹90,000,what will be its value after two years

Answer 1

Answer:

The value of the machine after two years will be ₹ 72900 if it depreciates every year by 10%.

Step-by-step explanation:

1. Find 10% of ₹90,000

   0.10 x 90000 = 9000

   10% of ₹90,000 is ₹9000

2. Subtract ₹9000 from ₹90,000

    ₹90,000 - ₹9000 = ₹ 81000

3. Find 10% of ₹81,000

   0.10 x 81000 = 8100

   10% of ₹81,000 is ₹8100

4. Subtract ₹8100 from ₹81,000

     ₹81,000 - ₹8100 = ₹ 72900