Question

The value of a machine depreciates every year by 10%. If the present value of the
machine is 54000, what was its value last year?
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Answer 1

Answer:

60,000

Step-by-step explanation:

90% = 54000 => 1% = 600

100% =100 × 600 = 60000

value last year was 60,000

Answer 2

Answer:

Depreciated value=previous value (1-r/100)

54000=x(let)(1-10/100)

54000=x(9/10)

x=10×54000/9

x=Rs60000Ans