Question

the value of washing machine depreciate every year by 12% what will be the value after 2 years if it is present value is 60000​

Answer 1

decrease=12%

60000-12%/100=

Answer 2

Let the value of Wasing maching after 2 years= x

Thus, 12% of x = 12/100x = 3/25x

According to the given data 12% is depreciate every year.

therefore, x - 3x/25 = Present value

x- 3x/25 = 60000

By taking LCM,

25x -3x/25 = 60000

22x/25 = 60000

= 60000×25/22

₹68181.8

Thanks...