The value of a machine worth ₹5,00,000 depreciates at the rate of 10% every year. In how many years will its value be ₹3,64,500?

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Solution

First year 500000×10/100=50000
=500000-50000=450000
second=450000×10/100=45000
=450000-45000=405000
third= 405000×10/100= 40500
=405000-40500=364500
the years will three on depreciation of machine.

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The value of a machine worth ₹5,00,000 depreciates at the rate of 10% every year. In how many years will its value be ₹3,64,500?

First year 500000×10/100=50000 =500000-50000=450000 second=450000×10/100=45000 =450000-45000=405000 third= 405000×10/100= 40500 =405000-40500=364500 the years will three on depreciation of machine.

First year 500000×10/100=50000
=500000-50000=450000
second=450000×10/100=45000
=450000-45000=405000
third= 405000×10/100= 40500
=405000-40500=364500
the years will three on depreciation of machine.