Question

The value of a machine is rupees 48000 if each year its value depreciates by 5 percent what will its value be at the end of 2 years?

Answer 1

Answer:

Value at the end of 2 years = 2 × 2400

                                              = 4800

Step-by-step explanation:

Value of the machine = ₹48000

Value depreciates in one year = 5% = 5/100 × 48000

                                                   = ₹2400

Value at the end of 2 years = 2 × 2400

                                              = 4800

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