Depreciation in the value of machine = 20% Present value = Rs.160000 Then value of machine one year ago = 160000×100100−20 = 160000×10080 = Rs. 200000. Q.
The correct Answer is:Rs 9975. Step by step video, text & image solution for A machinerty worth Rs. 10,500 depreciated by 5% . Find its value after one year.
Depreciated value is the minimum amount that an asset is worth after depreciation. In other words, depreciated value is the amount that an object loses in value over time.
Suppose, purchase price of the machine is Rs 100, after the depreciation of 10% (= Rs 10), in 1 year, it's price = Rs 100 - Rs 10 = Rs 90. At the end of the 2nd year, the depreciation will be 10% of Rs 90 (= Rs 9), price of the machine = Rs 90 - Rs 9 = Rs 81.
The correct Answer is: ₹ 430000. Step by step video, text & image solution for the value of a machine depreciates 10% every year if its present value is ₹387000 what was its value 1 year ago by Maths experts to help you in doubts & scoring excellent marks in Class 7 exams.
Step-by-step explanation: First, the present value:- 90,000 Each year it depreciates 10% of present value, so.. So after one year it's value would be reduced to: 90000-9000 = 81000. So after two years it's value is: 81000-8100 = 72900.
Suppose, purchase price of the machine is Rs 100, after the depreciation of 10% (= Rs 10), in 1 year, it's price = Rs 100 - Rs 10 = Rs 90. At the end of the 2nd year, the depreciation will be 10% of Rs 90 (= Rs 9), price of the machine = Rs 90 - Rs 9 = Rs 81.
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