Question

The value of a machine reduces by 20%
every year. If the present value is 715,000,
what will its value be 2 years later?
duces by 20%​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

step by step explanation:

First year: 715,000×20%

715000×20÷100

=143000

Price of machine in first year: 715000 - 143000

=572000/-

Second year: 572000×20%

572000×20÷100

=114400/-

Price of machine in second year: 572000 - 114400 = 457600/-

Final price of machine: RS. 457600/-