Two years ago Rajani purchased a machine for Rs 75000.If its falls by %4 every year,what is the value of the machine today
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Cost 2 years ago = 75000, it's fall every year by 4% .
Cost last year after falling = 75000-75000×4/100 =75000-3000=72000
Falling once more = 72000-72000*4/100 =72000-2880= 69220₹
Cost last year after falling = 75000-75000×4/100 =75000-3000=72000
Falling once more = 72000-72000*4/100 =72000-2880= 69220₹
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