Question

the value of machine depreshiated at the rate of 5%every year if present value is rs 20,000. what will be the value after 2 years.​

Answer 1

Answer:

₹18,050

Step-by-step explanation:

In case of depreciation,

A = P (1 - R/100)ⁿ

Given,

Present value (P) = ₹20,000

Rate (R) = 5%

Time (n) = 2 years

=> Final price = 20,000 (1 - 5/100)² = 20,000 (19/20)² = ₹18,050

Answer 2

₹18050 is the right answer

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