abhijotsinghghoga abhijotsinghghoga

15-07-2024
Mathematics

Answered

The cost of a machine decreases by 10% per
year. If its present cost is
24,000; find its
value at the beginning of 3rd year.

Answer :

Naveed83067 Naveed83067

15-07-2024

Answer:

Step-by-step explanation:

current price = 24000
decrease rate = 10%
10% price decrease 0f 24000 At 1st year = 2,400
price left after 1st year = 24000 - 2,400 =21600
10% price decrease 0f 21600At 2nd year = 2160
price left after 2nd year = 21600 - 2160 =19440
So price left at the start of 3rd year is 19440

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