Advertisements
Advertisements
प्रश्न
The value of a machine depreciates at a rate of 10% every year. It was purchased 3 years ago. Its present value is Rs.2,18,700/-. What was the purchase price of the machine?
Advertisements
उत्तर
Given, the rate of depreciation per annum = r = 10%
Number of years = n = 3
Present value of the machine = P.V.
= ₹ 2,18,700/-
∴ Purchase price of the machine
= P.V ÷ `(1 - "r"/100)^"n"`
= `2,18,700 ÷ (1 - 10/100)^3`
= `2,18,700 ÷ ((9^3)/(10^3))`
= `(2,18,700 xx 1000)/729`
= 3,00,000
∴ The purchase price of the machine is ₹ 3,00,000.
APPEARS IN
संबंधित प्रश्न
Kanchan purchased a Maruti car for Rs.2,45,000/- and the rate of depreciation is `14 2/7 %` per annum. Find the value of the car after two years?
The value of a machine depreciates from Rs.32768 to Rs.21,952/- in three years. What is the rate of depreciation?
Mr. Manish purchased a motorcycle at Rs.70,000/-. After some years he sold his motorcycle at the exact depreciated value of it that is Rs.51,030/-. The rate of depreciation was taken as 10%. Find after how many years he sold his motorcycle.
Mr. Chetan purchased furniture for her home at Rs.5,12,000/-. Considering the rate of depreciation as 12.5%, what will be the value of furniture after 3 years.
A manufacturing company is allowed to charge a 10% depreciation on its stock. The initial value of the stock was Rs.60,000/-. After how many years the value of the stock will be 39366?
The value of the machine depreciates at the rate of 15% p.a. It was purchased 2 years ago. Its present value is Rs. 7225. What was the purchase price of the machine?
A building worth Rs. 121000 is constructed on land worth Rs. 81000. After how many years will the value of both be the same if land appreciates at 10% pa. and buildings depreciate at 10% p.a.
What is ‘Depreciation’?
What is depreciation in accounting?
Which term refers to a sudden reduction in asset value due to fire, flood, or accident?
Why is charging depreciation important for true profit calculation?
Which is NOT a valid reason for charging depreciation every year?
In accounting, which principle is followed by charging depreciation each year?
What causes 'obsolescence' in depreciation?
Which point is correct regarding reserves?
