1.

The cost of a machine is supposed to depreciate each year by 12% of its value at the beginning of the year. If the machine is valued at Rs. 44,000 at the beginning of 2008, find its value : (i) at the end of 2009. (ii) at the beginning of 2007.

Answer»

The cost of a machine is supposed to depreciate each year by 12% of its value at the beginning of the year. If the machine is valued at Rs. 44,000 at the beginning of 2008, find its value :

(i) at the end of 2009.

(ii) at the beginning of 2007.



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