Q2 of 30 Page 130

Two years ago Rajani purchased a machine for Rs 75,000. If its value falls by 4% every year, what is the value of the machine today?

Given: Principal (P) = Initial cost of machine = Rs. 75,000, Rate of Interest (R) = fall in rate = 4% and Number of years (n) = 2year

As Amount (A) = Population after two years:


(it is case of fall hence negative)





⇒ A = 69120


Rate of machine after 2 years will be = Rs 69120


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