Results on Depreciation : Value of the machine after n years किसी मशीन का मूल्य n सालों बाद

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The cost of a sewing machine is Rs 7,000. Its value depreciates at 8% p.a. Then the value of the machine after 2 years is Rs 5,924.80.

A manufacturer purchases a second hand machine for Rs. 60000 and spends some amount towards repairs thane its vaue goes up to Rs. 90000. If depreciation is 10% per annum, what will be the value of the machine after two years ?

Ressult 1 If V_(0) is the value of an article at a certain time and R% per annum is the rate of depreciation then the value V_(n) at the end of n years is given by V_(n)=V_(0)(1-(R)/(1000^(n))