wiz-icon
MyQuestionIcon
MyQuestionIcon
6
You visited us 6 times! Enjoying our articles? Unlock Full Access!
Question

The cost of a machine depreciates by 10 % every year. Find the price after 2 years, if the initial cost of the machine was ₹30000.


A

₹21,300

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

₹24,450

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

₹25,300

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

₹24,300

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D

₹24,300


Cost of machine =30000

Rate of depreciation =10%

Cost of the machine at the end of first year =3000010100×30000

=300003000=27000

Cost of the machine at the end of second year =2700010100×27000

=270002700=24300


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Percentage Decrease
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon