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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rate of depriciation =10%
depriciation= 100000×10%=10000
present cost =100000
after 1 year it's cost = cost of machine-depriciation value
=100000-10000=90000
depriciation= 100000×10%=10000
present cost =100000
after 1 year it's cost = cost of machine-depriciation value
=100000-10000=90000
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