Value of a machine depreciates at the rate of 10% per annum what will be it value after 2 year if the present value is rupees 1000
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Answer:
value of machine is 1000
rate of depreciation 10%
Step-by-step explanation:
from straight lines method
first year depreciation =100
second year depreciation =200
value of machine after two years of depreciation
1000-200=800
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