A machinery was bought at RS 60,000.Its value is depreciated at the rate of 5% per annum. Find its value after one year.
1 answer:
Answer:
Rs57,000
Step-by-step explanation:
If its value depreciates at 5%p.a then only 95% of the original value(100%) is left.
Therefore its value=95/100×Rs60000=Rs57,000
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