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The value of a machine depreciates @ 10% per annum. If present value is Rs.40500, what will be its worth after 2 years?

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The value of a machine depreciates at the rate of 10% per annum. If its present value is Rs.40500, what will be its worth after 2 years? What was the value of the machine 2 years ago.

posted Sep 15, 2016 by anonymous

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1 Answer

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2 years later it will be
40500*(90/100)*(90/100) = 32805
2 years back it was
40500*(100/90)*(100/90) = 50000.

answer Sep 17, 2016 by Tejas Naik
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