The value of a machine depreciates @ 25% p.a. If its present value is Rs. 14400, what will be its worth after 2 years.ARs. 8100BRs.9216CRs.22500DRs.25600
Question
The value of a machine depreciates @ 25% p.a.
If its present value is Rs. 14400, what will be its worth after 2 years?
- ARs. 8100
- BRs. 9216
- CRs. 22500
- DRs. 25600
Solution
The value of the machine depreciates at a rate of 25% per annum. This means that each year, the value of the machine is 75% of its value the previous year.
Step 1: Calculate the value of the machine after the first year. The value of the machine after the first year would be 75% of its initial value. So, we calculate 75% of Rs. 14400, which is Rs. 10800.
Step 2: Calculate the value of the machine after the second year. The value of the machine after the second year would be 75% of its value after the first year. So, we calculate 75% of Rs. 10800, which is Rs. 8100.
So, the value of the machine after 2 years would be Rs. 8100. Therefore, the answer is A: Rs. 8100.
Similar Questions
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
for 18000 dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be, to the nearest cent, after 14 years
The value of a washing machine purchased two years ago, depreciates at 12% p.a. If itspresent value is ` 9680, for how much was it purchased?
A laptop computer is purchased for $3600. Each year, its value is 70% of its value the year before. After how many years will the laptop computer be worth
f an experimental solar equipment depreciates for tax purposes at a rate of 10% every10 years. What is its depreciated value at the end of 20 years?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.