question_answer

A machinery worth Rs. 10,500 depreciated by 5%. Find its value after one year.

Answer:

P = Rs. 10,500 Reduction = 5% of Rs. 10,500 per year \[=\frac{5}{100}\times 10500\times 1\] Reduction = Rs. 525 Value after 1 year \[=\text{ }10,500\text{ }-\text{ }525\] Cost value after 1 year = Rs. 9975