The value of machine at the rate of 12%pa if its present vakue is 165000 what will be its worth after 2 years
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Q)The value of machine depreciates at the rate of 12% p.a. .If its present value is ₹165000, what will it worth after 2 years?
This is the correct and complete question.
So, present value of machine (P)=₹165000
Rate of depreciation per annum (R)=12%
Time period=2 years
So, ATQ:-
=P(1+R/100)^n
=165000(1-12/100)²
=165000(1-3/25)²
=165000(25-3/25)²
=165000(22/25)²
=165000×22/25×22/25
=127776
So, its value would be of ₹127776 after 2 years.
This is the correct and complete question.
So, present value of machine (P)=₹165000
Rate of depreciation per annum (R)=12%
Time period=2 years
So, ATQ:-
=P(1+R/100)^n
=165000(1-12/100)²
=165000(1-3/25)²
=165000(25-3/25)²
=165000(22/25)²
=165000×22/25×22/25
=127776
So, its value would be of ₹127776 after 2 years.
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