the value of machine is 500000is depreciating at the rate of 10%every year in how many year it will be reduced to rs 364500
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3 years
first year reduced to 450000
second year 405000
and in third year 364500
first year reduced to 450000
second year 405000
and in third year 364500
mayank10:
need formula also
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2
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10% of 500,000
= 10/100 * 500,000
= 0.10 * 500,000 = 50,000
500,000 - 50,000 = 10%
500,000 - 50,000 = 450,000
10% of 450,000
450000/x=100/10
(450000/x)*x=(100/10)*x - we multiply both sides of the equation by x
450000=10*x - we divide both sides of the equation by (10) to get x
450000/10=x
45000=x
x=45000
10% = 450,00
450,000 - 450,00 = 40,500
40,500 - 4050 = 3664500
It will be 3th year.
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