The value of a machine, purchased two ye...

The value of a machine, purchased two years ago, depreciates at the annual rate of 10%. If its present value is Rs 97,200, find it value after 2 years

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The correct Answer is:

Rs 78,732

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ICSE-COMPOUND INTEREST (USING FORMULA)-EXERCISE 3(E)

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A sum of money was invested for 3 years, interest being compounded ann...
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Nikita invests Rs 6,000 for two years at a certain rate of interest co...
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Simple interest on a sum of money for 2 years at 4% growth rate is Rs ...
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Find the compound interest to the nearest rupee on Rs 10,800 for 2(1)/...
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The value of a machine, purchased two years ago, depreciates at the an...
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The value of a machine, purchased two years ago, depreciates at the an...
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Anuj and Rajesh each lent the same sum of money for 2 years at 8% simp...
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Calculate the sum of money on which the compound interest (payable ann...
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A sum of money was invested for 3 years, interest being compounded ann...
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A sum of money is invested at 10% per annum compounded half-yearly. If...
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Rohit borrows Rs 86,000 from Arun for two years at 5% per annum simple...
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The simple interest on a certain sum of money for 3 years at 5% per an...
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Nikita invests Rs 6,000 for two years at a certain rate of interest co...
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Nikita invests Rs 6,000 for two years at a certain rate of interest co...
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