The value of a machine depriciates 10%every year. If its present cost is 100000, what is it's cost after 1 year
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The original cost of a machine is Rs. 10,000. If the annual depreciation is 10%, after how many years will it be valued at Rs. 6,561?
Sol.
After 4 year
After 1 year it’s cost will be 9000
After 2 year it’s cost will be 8100
After 3 year it’s cost will be 7290
And finally after 4 year it’s cost will be 6,561
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