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The cost price of a machine is 2,50,000. If the rate of depreciation is 10% per year find the depreciation in price of the machine after two years. |
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Answer» HI , Cost price of the machine( C.P ) = Rs250000 Rate of depreciation ( d ) = 10% per year Time ( T ) = 2 years Cost of machine after 2 years =C.P[(100 - d)/100]^T = 250000[ ( 100 - 10 )/100 ]² = 250000 × 90/100 × 90/100 = Rs 202500 Depreciation = Rs 250000 - 202500 = Rs 47500 I HOPE this HELPS you. : ) |
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