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the value of a machine depreciates 10% every year if its present value is ₹387000 what was its value 1 year ago

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To find the value of the machine one year ago, we need to understand that the current value of the machine is ₹387,000, which represents 90% of its value from one year ago due to a depreciation of 10%. Let's denote the value of the machine one year ago as \( x \). ### Step-by-Step Solution: 1. **Understand the Depreciation**: The machine depreciates by 10% each year. This means that after one year, the value of the machine is 90% of its previous value. \[ \text{Current Value} = 90\% \text{ of Previous Value} \] In mathematical terms, this can be expressed as: \[ \text{Current Value} = 0.9 \times x \] 2. **Set Up the Equation**: Given that the current value is ₹387,000, we can set up the equation: \[ 0.9x = 387000 \] 3. **Solve for \( x \)**: To find \( x \), we need to divide both sides of the equation by 0.9: \[ x = \frac{387000}{0.9} \] 4. **Calculate \( x \)**: Performing the division: \[ x = 430000 \] 5. **Conclusion**: Therefore, the value of the machine one year ago was ₹430,000. ### Final Answer: The value of the machine one year ago was ₹430,000.
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RS AGGARWAL-PERCENTAGE -EXERCISE10 B
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