e present value of a mobile phone is 20,000 and it depreciates at thra

1.	e present value of a mobile phone is 20,000 and it depreciates at thrate of 5% in first year and 10% every next year. Find, the value of thimobile phone after 2 years.すธุ์可マ貂
Answer» 5% of 20000 is 1000 So new value of mobile phone is 20000-1000=19000 after 1 year now 10% of 19000 is 1900 So new value of phone is 19000-1900=17100 after 2 years Like my answer if you find it useful!

e present value of a mobile phone is 20,000 and it depreciates at thrate of 5% in first year and 10% every next year. Find, the value of thimobile phone after 2 years.すธุ์可マ貂

Answer»

5% of 20000 is 1000

So new value of mobile phone is 20000-1000=19000 after 1 year

now 10% of 19000 is 1900

So new value of phone is 19000-1900=17100 after 2 years

Like my answer if you find it useful!