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A piece of equipment cost a certain fact...

A piece of equipment cost a certain factory Rs. 600,000. If it depreciates in value, 15% the first, 13.5% the next year, 12% the third year, and so on . what will be its value at the end of10 year, all percentages applying to the original cost?

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To find the value of the equipment at the end of 10 years, we need to calculate the total depreciation over the 10 years and then subtract that from the original cost of the equipment. The depreciation for each year is given as a percentage of the original cost. ### Step-by-Step Solution: 1. **Identify the Original Cost:** The original cost of the equipment is Rs. 600,000. 2. **Calculate Depreciation for Each Year:** ...
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