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Monday, January 20, 2020

The value of a machine depreciates at 10% per annum. If the current value of the machine is Rs. 81,000, what was the value of the machine two years ago?

The value of a machine depreciates at 10% per annum. If the current value of the machine is Rs. 81,000, what was the value of the machine two years ago?
ARs. 99,000
BRs. 1,00,000
CRs. 1,19,000
DRs. 1,08,000

Correct answer is: Rs. 1,00,000

Explanation:

Value of machinery
1 year ago
\(\frac{81,000}{90} \times 100 = 90,000 \)


2 year ago
\(\frac{90,000}{90} \times 100 = 1,00,000\)

rahul
answered Jan 21 '2020 at 21:5

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