A printing machine depreciates in value by 8% every year at the end of year 2002 it is valued at rupees 18 400 .Calculate its value at the end of year 2003 and year 2001 ?

Answers (1)

?Let cost of printing machine at end of year 2001 = x

A printing machine depreciates in value by 8% every year 

So, Cost of printing machine at end of year 2002 = 0.92*x

Cost of printing machine at end of year 2002 is 18400

Rightarrow0.92x=18400

Rightarrowx=20000

cost of printing machine at end of year 2001 is Rs 20,000

Cost of printing machine at end of year 2003 = 0.92*0.92*x=0.92*18400= Rs 16928

Most Viewed Questions

Preparation Products

Knockout CUET (Physics, Chemistry and Mathematics)

Complete Study Material based on Class 12th Syllabus, 10000+ Question Bank, Unlimited Chapter-Wise and Subject-Wise Mock Tests, Study Improvement Plan.

₹ 7999/- ₹ 4999/-
Buy Now
Knockout CUET (Physics, Chemistry and Biology)

Complete Study Material based on Class 12th Syllabus, 10000+ Question Bank, Unlimited Chapter-Wise and Subject-Wise Mock Tests, Study Improvement Plan.

₹ 7999/- ₹ 4999/-
Buy Now
Knockout JEE Main (Six Month Subscription)

- AI Coach Study Modules, - Unlimited Mock Tests, - Study Improvement Plan.

₹ 9999/- ₹ 8499/-
Buy Now
Knockout JEE Main (Nine Month Subscription)

- AI Coach Study Modules, - Unlimited Mock Tests, - Study Improvement Plan.

₹ 13999/- ₹ 12499/-
Buy Now
Knockout NEET (Six Month Subscription)

- AI Coach Study Modules, - Unlimited Mock Tests, - Study Improvement Plan.

₹ 9999/- ₹ 8499/-
Buy Now
Boost your Preparation for JEE Main with our Foundation Course
 
Exams
Articles
Questions