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Question
The value of a machine depreciates by 10% every year. If its present value is ₹35100, what was its value a year ago?
The value of a machine depreciates by 10% every year. If its present value is ₹35100, what was its value a year ago?
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Solution
Let us suppose the value of the machine an year ago=x.
It's 10% will be x*10%=x/10
If we analyze the question we can say that
X-X/10=35100
9X=351000
X=35100/9
Therefore X= Rs. 39000
It's 10% will be x*10%=x/10
If we analyze the question we can say that
X-X/10=35100
9X=351000
X=35100/9
Therefore X= Rs. 39000
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