Banner 0
Banner 1
Banner 2
Banner 3
Banner 4
Banner 5
Banner 6
Banner 7
Banner 8
Banner 9
AI Mentor
Check Your IQ
Free Expert Demo
Try Test

Courses

Dropper NEET CourseDropper JEE CourseClass - 12 NEET CourseClass - 12 JEE CourseClass - 11 NEET CourseClass - 11 JEE CourseClass - 10 Foundation NEET CourseClass - 10 Foundation JEE CourseClass - 10 CBSE CourseClass - 9 Foundation NEET CourseClass - 9 Foundation JEE CourseClass -9 CBSE CourseClass - 8 CBSE CourseClass - 7 CBSE CourseClass - 6 CBSE Course
Offline Centres

Q.

The value of a machine depreciates every year by 5%. If the present value of the machine is Rs100000, what will be its value after 2 years?


see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.
An Intiative by Sri Chaitanya

a

Rs. 90250

b

Rs. 9050

c

Rs. 9020

d

Rs. 9025 

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

JEE

NEET

NEET

Foundation JEE

Foundation JEE

Foundation NEET

Foundation NEET

CBSE

CBSE

Detailed Solution

Given, the value of a machine depreciates every year by 5%.
Present value = Rs.100000
Depreciation rate per year = 5%.
Value after 1st year = 100000 - 5 % of 100000.
We know that a% of b = a100×b where a and b are real numbers.
⇒Value after 1st year = 100000-5100×100000
⇒Value after 1st year = 100000-5000
⇒Value after 1st year = Rs 95000
Value after 2nd year = 95000 - 5% of 95000.
⇒Value after 2nd year = 95000-5100×95000
⇒Value after 2nd year = 95000-4750
⇒Value after 2nd year = Rs 90250
The value of the machine after 2 years will be Rs. 90250 .
Hence, option 1 is correct.
 
Watch 3-min video & get full concept clarity
score_test_img

courses

No courses found

Related Blogs
Get ₹ 1 crore* worth scholarship for JEE / NEET / Foundation
Result Producing online coaching for JEE/NEET of south India
Largest All India Test Series for JEE/NEET
Best Online Course for IIT JEE
Best Online Course for NEET
Best Online Course for CBSE

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

Related Blogs
Get ₹ 1 crore* worth scholarship for JEE / NEET / Foundation
Result Producing online coaching for JEE/NEET of south India
Largest All India Test Series for JEE/NEET
Best Online Course for IIT JEE
Best Online Course for NEET
Best Online Course for CBSE

best study material, now at your finger tips!

  • promsvg

    live classes

  • promsvg

    progress tracking

  • promsvg

    24x7 mentored guidance

  • promsvg

    study plan analysis

download the app

gplay
mentor

Download the App

gplay
whats app icon
personalised 1:1 online tutoring