Advertisements
Advertisements
प्रश्न
Mr. Pritesh reduced the value of his assets by 5% each year, which were purchased for Rs.50,00,000/-. Find the value of assets after 2 years.
Advertisements
उत्तर
Given, initial value of assets = V
= ₹ 50,00,000/-
Rate of depreciation per annum = r = 5%
Number of years = n = 2 years
∴ Value of assets after two years = V`(1 - "r"/100)^"n"`
= `50,00,000(1 - 5/100)^2`
= `50,00,000(19/20)^2`
= `(50,00,000 xx 361)/400`
= 12,500 × 361
= 45,12,500
∴ The value of assets after two years is ₹ 45,12,500/-.
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 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?
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 tree increases annually by 1/8 of its height. By how much will it increase after 2½ years. If its length today is 8 m.?
What is ‘Depreciation’?
What is depreciation in accounting?
Which of the following assets is NOT usually depreciated?
In accounting, which principle is followed by charging depreciation each year?
Which of the following is classified as a 'provision' and not depreciation?
What is one key condition for charging depreciation?
Which point is correct regarding reserves?
