the value of a machine depreciates every year by 5 %. if the present value is 40,000 what will be its value after a year
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Answer:
38000 is right answer syhod
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Answer:
1st year= 40,000*5/100 depreciation.
=2000
2nd year= 38,000*5/100 depreciation.
=1900
answer will be 38,000-1900= 36100
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