Question

the value of car depreciate at the rate of 10% per year .if its present value is 65000 what will be its value after 3 years?​

Answer 1

Answer:

Step-by-step explanation:

present value of machine=65000

and it depreciates 10% every year

so after 1 year the rate of machine is 65000*(90/100)=58500

same as after 2 year the rate of machine is 58500*(90/100)=52650

And

after three years 52650*90/100=47385

Answer 2

Answer:

47385

Step-by-step explanation:

Present value of machine=65000

Drepreciates =10%per year

so, after 1 year the machine is 65000×90/100=5800

so,after two year it will be =58500×90/100=52650

as per the question after three year it will be

52650×90/100=47385

So,the value after 3 year = 47385