A machine is depredated at a rate of 10% on reducing balance the original coast was RS. 10,000, after how many years it will be valued at Rs.6561
Question
Solution 1
To find out how many years it will take for the machine to be valued at Rs. 6561, we need to use the reducing balance method.
First, let's calculate the depreciation rate. The machine is depreciated at a rate of 10% on reducing balance. This means that each year, the value of the machine will decr Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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