The value of a machine depreciates 10 every year
Asked by admin @ in Math viewed by 287 People
The value of a machine depreciates 10% every year. If its present value is Rs 387000, what was its value 1 year ago?
Answered by admin @
Let us suppose the value of the machine an year ago=x.
It's 10% will be x*10%=x/10
If we analyze the question we can say that
X-X/10=387000
9X=3870000
X=3870000/9
Therefore X= Rs. 430000
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