Two years ago the value of a machine was rupees 15000. if it's value depreciates 10% every year. what is the present value?
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Pruthvi can anyone like and put my answer thanks
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Answer:
12000
Step-by-step explanation:
10% of 15000 is 1500 the cost deprecates 2 years
so, the cost deprecates = 1500+1500=3000
So, the present value of machine is 15000-3000=12000
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