the value of some machinery decreased by 5percent in 2001 and 10 percent in 2002 . the value in starting of 2001 was 40000 find the starting value in 2003
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Answer:
34200
Step-by-step explanation:
in 2001 5% decrease of 40000
5/100 *40000
200000/100
2000
40000 - 2000
38000
in 2002 decrease by 10 % of 38000
10/100*38000
380000/100
3800
38000 - 3800
34200
starting price in 2003 is 34200
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