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9.101 Wilmu ya 15 2,652. Find the sum.5. During every financial year, the value of amachine depreciates by 12%. Find the originalcost of a machine which depreciates by2,640 during the second financial year of itspurchase. |
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Answer» Let say X is the original cost of machine.It depreciates 12% every year, so after completion of 1 year machine cost isX - 0.12X ( 12% of X) = 0.88X and after completion of second year machine cost is0.88X - 0.1056X (12 % of 0.88X) = .7744X .7744X = 2640X = 2640/.7744 = 3409 Rs |
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