the value of a machine reduces by 20% per year if the present value of the machine is Rs 30000 what will be it's value after one year
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Answered by
18
given ,
present value of machine = 30,000
reduction in the value of machine per year
=20 %
reduction in value = 20% of 30,000
=0.2 × 30,000= Rs 6000
value of machine after 1 year
=30,000 - 6000
=Rs 24000
therefore , value of machin after 1 year
= Rs 24,000
_______________________________
Your Answer : Rs 24, 000
_______________________________
present value of machine = 30,000
reduction in the value of machine per year
=20 %
reduction in value = 20% of 30,000
=0.2 × 30,000= Rs 6000
value of machine after 1 year
=30,000 - 6000
=Rs 24000
therefore , value of machin after 1 year
= Rs 24,000
_______________________________
Your Answer : Rs 24, 000
_______________________________
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7
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