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A machine depreciates in value year at the rate of 10% of its previous value. However, every second year there is some maintenance work so that in that pa
Answers (1)
A machine depreciates in value year at the rate of 10% of its previous value. However, every second year there is some maintenance work so that in that particular year, depreciation is only 5% of its previous value. If at the end of the fourth year, the value of the machine stands at Rs. 1,46,205, then find the value of machine at the start of the first year.
- Option 1)
Rs. 1, 90, 000
- Option 2)
Rs. 2, 00, 000
- Option 3)
Rs. 1, 95, 000
- Option 4)
Rs. 1, 52, 000
- Option 5)
2,10,000
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