The value of machine depreciates every year by 10% ,if the present value of the machine is Rs.81,000, then find the value of machine (i) next year(ii) previous year
Answers
Answered by
1
Let the value of machine 2 year ago is x
Thenx×
100
90
×
100
90
=162000
⇒x=
90×90
162000×100×1000
⇒x=20000
Answered by
130
Your Question:
The value of machine depreciates every year by 10% ,if the present value of the machine is Rs.81,000, then find the value of machine (i) next year(ii) previous year.
Your Answer:
Given:-
- The present value is 81,000
- The value is decreasing at the 10% every year
To Find:-
- Value of machine next year
- Value of machine previous year
Solution:-
We have to find 10% of 81,000
So, 10% of 81000 is
So, the value of machine next year will be
81000 - 8100 = 72900
And let the value of machine previous year be x
So, 10 percent of x will be x/10
And satisfies this equation
So, value of machine previous year will be 90000
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