Question

The value of a machine is Rs. P and it depreciates at 5% percent per annum. Then its value after two years is​

Answer 1

Answer:

Value of the machine after 2 years = Rs.[40500*(1-

10/100)^2]

= Rs.40500*9*9/10*10

= Rs. 32805

Value of the machine 2 years ago = Rs.40500/(1-1/100)^2

= Rs.40500*10*10/9*9

= Rs.50000