Question

the value of a machine reduces by 20% per year. if the present value of the machine is rupees 30,000 what will be its value after 1 years.

Answer 1

present value of machine = ₹30,000

in this year ,

reduction in value = 20%

reduced value

= 30,000 - 20% of 30,000


= 30,000 - 6000 = ₹24000

value of machine after 1 yr = ₹24000

Answer: value = ₹24,000

Answer 2

Answer:

PRESENT VALUE OF MACHINE =30000

MACHINE REDUCES =20% EVERY YEAR

SO,

30000- 20%OF 30000

30000- 20/100*30000

30000- 6000= 24000

SO, THE VALUE AFTER ONE YEAR=24000

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