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
Answers
Answered by
3
Answer:
a) 35000
Step-by-step explanation:
this is correct answer becausing i am telling
Answered by
15
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
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