A machine is purchased for ₹18,200 and its value decreases by 10% every year. If depreciation is compounded annually, what will be the value of the machine after 2 years?
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) ₹13,424
- (B) ₹14,742
- (C) ₹15,200
- (D) ₹16,480
Verified Answer
Option (B): ₹14,742
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