Question

The value of furniture depreciates by 10% a year, if the present value of the furniture in an office is Rs. 21870,calculate the value of furniture 3 years ago.




(a) Rs. 30,000

(b) Rs. 35,000

(c) Rs. 40,000

(d) Rs. 45,000

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Answer 1

Answer:

a) 35000

Step-by-step explanation:

this is correct answer becausing i am telling

Answer 2

Answer:

Rs. 30,000

Step-by-step explanation:

scrap value = cost price (1 - r)^n

21870 = x ( 1 - 0.1 )^3

21870 = x (0.9)^3

21870 = x ( 0.729 )

x = 21870 / 0.729

x = 30000