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A Manufacturer Reckons that the Value of a Machine, Which Costs Him Rs 15625, Will Depreciate Each Year by 20%. Find the Estimated Value at the End of 5 Years. - Mathematics

A manufacturer reckons that the value of a machine, which costs him Rs 15625, will depreciate each year by 20%. Find the estimated value at the end of 5 years.

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Solution

Cost of machine = Rs 15625

Machine depreciates by 20% every year.

Therefore, its value after every year is 80% of the original cost i.e., `4/5` of the original cost.

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APPEARS IN

NCERT Class 11 Mathematics Textbook
Chapter 9 Sequences and Series
Q 31 | Page 200
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