1. The value of a machine depreciates every year by 10%. If its present value is 50,000 then the value of the machine after 2 years is
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By: anil on 05 May 2019 01.57 am
We know that value after n years of depreciation = P$$(1- frac{R}{100})^n$$ R - Rate of depreciation per annum = 10% P - Initial amount of machine = Rs 50000 given that time (n)= 2 years so depreciated value = 50000$$(1- frac{10}{100})^2$$ = 50000 x 0.81 = Rs 40500
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