12.-The value of a machine depreciated at the rate of 8% p.a. If the v – InterviewSolution

1.

12.-The value of a machine depreciated at the rate of 8% p.a. If the value of the machineis now75,000, what will be its value after 2 years?

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Solution

Value of the machine after 2 years = Rs.[75000*(1- 8/100)^2]= Rs.75000*92*92/100*100= Rs. 63480

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