The value of a machine depreciates every year by 5%.If its present value is Rs.40000, what will be its value after 3 years?
Answers
Answered by
0
Answer: 34295 Rupees
After first year: 38000
After second year: 36100
After third year: 34295
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Answered by
1
Answer:
1st year = 40000 * 5/100
= 2000
2nd year = 38000 *5/100
= 1900
3rd year = 36100 *5/100
= 1805
Value after 3 years = 36100 - 1805
= 34295
Therefore, it's value after 3 years will be ₹ 34295
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