the value of a machine depreciates every year by 5% if the present value of the machine be rupees 100000 what will be the value after 1 year
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Heya ☺
Given that
Value of machine = ₹1,00,000
Rate of depreciation = 5 % p.a.
Time period = 1 year
Solution
Value of a machine after 1 year
= P(1-R/100)^n
= 1,00,000(1-5/100)
= 1,00,000(100-5/100)
= 1,00,000(95/100)
= 1,00,000 × 95/100
= ₹95,000
Thanks
Given that
Value of machine = ₹1,00,000
Rate of depreciation = 5 % p.a.
Time period = 1 year
Solution
Value of a machine after 1 year
= P(1-R/100)^n
= 1,00,000(1-5/100)
= 1,00,000(100-5/100)
= 1,00,000(95/100)
= 1,00,000 × 95/100
= ₹95,000
Thanks
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