present price of a machine is ₹2p and if price of the machine decreases by 2r% in each year, the price of machine will be.
We know that after depreciation, the price of machine after n years ![]()
Where p = present price of machine, r% = rate of decrease in a year and n = number of years.
Given p = ₹2p and r% = 2r%
⇒ Price of machine after n years ![]()
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