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The Cost of a Machine Depreciates by 10% Every Year. If Its Present Worth is Rs.18,000; What Will Be Its Value After Three Years? - Mathematics

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प्रश्न

The cost of a machine depreciates by 10% every year. If its present worth is Rs.18,000; what will be its value after three years?

योग
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उत्तर

Applying the formula, we get;
Value after 3 years = ₹ 18,000`(1 - 10/100)^3`
= ₹ 13,122

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