the value of machine depreciates every year by 8%. what will be its value after 2 year if its present value is rupees 25000
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Answered by
1
Step-by-step explanation:
Amount = P(1-r/100) square
A = 25000(1-8/100) square
Take LCM
A = 25000(92/100) square
A = 25000(92/100)× (92/100)
A = 25000 × 92/100×92/100
A = 21,160
Answered by
2
I HOPE MY ANSWER HELPS YOU!
Answer: Rs. 21000
Step-by-step explanation:
P.A. (per annum) loss rate: 8%
Present value: Rs. 25000
Value of money after 2 years: (8% of 25000) x 2 - 25000
= 8% of Rs.25000
= 8 / 100 x 25000
= 8 / 1 x 250 (After cancellation of the zeroes)
= Rs. 2000 x 2
= Rs. 4000
= Rs. 25000 - Rs. 4000
= Rs. 21000
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