the value of machine depreciates
10 % annually what will be its value after 2 years if its present value is RS.200000
Answers
Answer:
1,62,000
Step-by-step explanation:
Present value of the machine = Rs 2,00,000
Depreciated value of first year = 2,00,000 x 10
100
= 2,000 x 10
= 20,000
Value of machine after 1 year = 2,00,000 - 20,000
= 1,80,000
Depreciated value of second year = 1,80,000 x 10
100
= 1800 x 10
= 18,000
Value of machine after 2 years = 1,80,000 - 18,000
= 1,62,000