The value of a plant depreciates by 10 % annually. if the present value of the plant is rs. 100000, then what will be its value after 2 years?
Answers
Answered by
5
Heya ✋
Let see your answer !!!
Given that
P = ₹10,00,000
R = 10 % p.a.
T = 2 years
Solution
Value of a plant after 2 years = P(1-R/100)^n
= 10,00,000(1-10/100)^2
= 10,00,000(100-10/100)^2
= 10,00,000(90/100)^2
= 10,00,000(9/10)^2
= 10,00,000 × 81/100
= ₹8,10,000
Thanks :)))
Let see your answer !!!
Given that
P = ₹10,00,000
R = 10 % p.a.
T = 2 years
Solution
Value of a plant after 2 years = P(1-R/100)^n
= 10,00,000(1-10/100)^2
= 10,00,000(100-10/100)^2
= 10,00,000(90/100)^2
= 10,00,000(9/10)^2
= 10,00,000 × 81/100
= ₹8,10,000
Thanks :)))
Similar questions