Question

the value of a machine purchased two years ago depreciates at the annual rate of 10% If its present value is 97200,find:
1)its value after 2 years
2)its value when it was purchased

Answer 1

value after 2 yrs is ₹78732

value before 2 yrs is ₹120000

Answer 2

Answer:

i) Value after 2years =97200(9/10)^2

= 97200×81/100

=78732

ii) present value =value 2 years before (r-10/100)^2

97200= x(9/10)^2

97200×100/81= x

120000 Is your answer

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