The value of a machine depreciates (decreases) every year by 5% If the present value of the machine is Rs 24000 what will be the value of the machine after 2 years

Share

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

According to the given question,The value of a machine depreciates (decreases) every year by = 5%

If the present value of the machine is = Rs 24000

The value of the machine after 2 years = ?

Step by Step Solution :

The value of machine after 2 years,= 24000 × 95/100 × 95/100

= 12 × 95 × 19

= 21660 rupees

Therefore,the value of the machine after 2 years will be Rs 21660Video Explanation :