Question

two year ago ragini purchased a machine for Rs 75000 if it value falls by 4% every years year what is the value of the machine to day

Answer 1

Cost of machine = ₹75,000
Value decreases every year = 4%
Two years =4+4 = 8
value decreases = 8/100 * 75000
=8 * 750
=6000
Today's value = 75,000 - 6000
= 69000