CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

During every financial year, the value of a machine depreciates by 10%. Find the original value (cost) of a machine which depreciates by Rs. 2,250 during the second year.

Open in App
Solution

Let the original cost of the machine = Rs. 100
Depreciation during 1st year = 10% of Rs. 100 =Rs. 10
value of the machine at the beginning of 2nd year =Rs.100Rs.10=Rs.90
Depreciation during 2nd year =10
Now, when depreciation during 2nd year = Rs. 9, original cost =Rs.100
when depreciation during 2nd year =Rs.2,250,
original cost =Rs.1009×2,250=RS.25,000 Ans.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Application of Compound Interest
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon