Question

The value of a machine worth rs 5,00,000 depreciates at the rate of 10% every year. In how many years will it value be rs3,64,500?

Answer 1

$500000 - 50000 = 450000 \\ 450000 - 45000 = 405000 \\ 405000 - 40500 = 364000$
so in 3 years it price would be 364000