Question

The value of a machinery is 10000 is depricating at 15 percent annually. What will be the value after 2 Years? ​

Answer 1

Answer:

7000

Step-by-step explanation:

Current value: 10000

Percentage of depreciation= 15%

First, we calculate 15% of 10000.

=> $\frac{15}{100}$ of $10000$

Cancel the zeroes.

We get, 15 x 100

=>1500

Value after 1 year= 10000-1500

=>8500

Value after 2 years= 8500-1500

=>7000

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Answer 2

Answer:

7225

Step-by-step explanation:

Current price of the machine is 10,000.

For the first year : It is decresed by 15% of itself, so the price after one year is

= > current price - 15% of current pri.

= > 10,000 - 15% of 10,000

= > 10,000 ( 1 - 15% )

= > 10000 ( 1 - 15/100 )

= > 10000 ( 100 - 15 ) / 100

= > 100( 85 )

= > 8500

Price after one year is 8500.

For the second year : It is decresed by 15% of itself, so the price after one year is

= > 8500 - 15% of 8500

= > 8500( 1 - 15/100 )

= > 8500 ( 85 / 100 )

= > 7225

Price after two years is 7,225.