. The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is 291600, for ho

Question

. The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years
ago. If its present value is 291600, for how much was it purchased?​

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Faith 4 weeks 2021-11-06T09:08:46+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-11-06T09:09:46+00:00

    Answer:

    379080

    Step-by-step explanation:

    First, Find out the 30%of 291600 by: 291600/100*30 ( 3*10=30, by multiplying the depreciating value of 3 years

    Second, it’s answer will come  87480

    Third, add 87480 and 291600

    Fourth, the answer will come 379080

    Mathematical,

    depreciating value= 10*3 =30%

    the depreciated amount= 291600/100*30

                                            = 87480

    the initial value of machine= 874800+ 291600

                                                = 379080

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