5:34 A machine depreciates 25% of its value during the first two years, 10% for...

90.2K

Verified Solution

Question

Accounting

image

5:34 A machine depreciates 25% of its value during the first two years, 10% for the next 3 years and 2% in value for the next five years, depreciation being calculated on the diminishing value. If the value of the machine is Rs. 5000, find the depreciated value after 10 years

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students