Question

Value of machine depreciates every year by 20% if present value of the machine is 54000 rupees what was it on year ago.

(Long answer type question) solve it with steps. ​

Answer 1

Answer:

67500

Step-by-step explanation:

let the value of car 1 year ago=x

then 20% of x=x/5

x-x/5=54000

4x/5=54000

x/5=13500

x=67500