2. The value of a machine depreciated by10% per year during the first – InterviewSolution

1.

2. The value of a machine depreciated by10% per year during the first two years and

Answer»

Let us suppose the value of the machine an year ago=x. It's 10% will be x*10%=x/10If we analyze the question we can say that

X-X/10=3870009X=3870000X=3870000/9

Therefore X= Rs. 430000

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