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? Pls give detailed explanation

Answer 1

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current value of Machine =Rs.100,00

After 1 year

  value  decreased by 5%value of Machine  isRs.95% of 100,000

 ⇒10095×100,000=Rs.95,000 

After 2 years again the value is  decreased by 5% from previous year' s Value 

Now 

value of Machine is=95% of 95,000=10095×95,000 =0.95×95,000 =Rs.90,250 is the value of machine at the of two years

Answer 2

Answer:

thats Correct Answer

Step-by-step explanation:

hope it's helpful