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The value of a machine costing 80000 depreciates at the rate of 15% per annum. What will be the worth of this machine after 3 days?
CBSE | Class 11 | Excercise 12D | Geometrical Progression | Maths | RS Aggarwal
The value of a machine costing 80000 depreciates at the rate of 15% per annum. What will be the worth of this machine after 3 days?

Answer : To find: The amount after three days Given: (i) Principal – 80000

  • Time – 3 days
  • = 98.63
    Rate – 15% per annum Deduction = P × R × T

The final amount after deduction = 80000 – 98.63

= 79901.37

The value of the machine after 3 days is Rs. 79901.37

 

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