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a machine depreciates at 10% every year of its value at the beginning of the year. the machine was purchased for rupees 5000 when new. find its price value after two years. |
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Answer»
Alternately, we may DIRECTLY GET this as follows: Value after TWO YEARS = 5000(1-10/100)^2 = 5000(90/100)^2 = 5000 × 90/100 × 90/100 = 4050 |
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