During every financial year, the value of a machine depreciates by 12%. Find the original cost of a machine which depreciates by 2

1 thought on “During every financial year, the value of a machine depreciates by 12%. Find the original cost of a machine which depreciates by 2”

1. Answer:

   Step-by-step explanation:

   The value of the machine depreciate by every year = 12%

   It deprecate by during the 2nd year = Rs 2640

   The original cost of the machine = Rs 2640 × 12 / 100

   = Rs 316.80

   = Rs 316.80 + Rs 2640.00

   = Rs 2956.80 is the answer.

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