2018
Mathematics
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A machine valued at N20,000 depreciates by 10% every year. What will be the value of the machine at the end of two years?
A.
N16,200
B.
N14,200
C.
N12,000
D.
N8,000
Correct Answer: N16,200
Explanation
Since it depreciates by 10% At the end of first year, its value = 90% of 20000 = 90/100 x 20000 =18000 At the end of second year, its value = 90% of 18000 = 90/100 x 18000 = ₦16,200
Since it depreciates by 10% At the end of first year, its value = 90% of 20000 = 90/100 x 20000 =18000 At the end of second year, its value = 90% of 18000 = 90/100 x 18000 = ₦16,200THIS WEEK's
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