a value of a machine deptiviates at rate of 12 percent p.a. If it's pr

1.	a value of a machine deptiviates at rate of 12 percent p.a. If it's present value is rs. 7000. what will be its value after 2 years
Answer» Step-by-step explanation: Solution, Here, Rate = 12% principal = Rs7,000 time = 2 yrs Amount = ? We know, INTEREST (I) = P × T × R 100 = 7,000 × 12 × 2 100 = 70 × 12 × 2 = 70 × 24 = Rs 1,680 Now, Amount = Principal + Interest = Rs 7,000 + Rs 1,680 = Rs 8,680 Hence, Its VALUE after 2 years at the rate of 12% is Its value after 2 years at the rate of 12% is Rs 8,680. HOPE IT HELPS YOU... IF IT DOES..... PLEASE Mark Me As BRAINLIEST ANSWER.....

a value of a machine deptiviates at rate of 12 percent p.a. If it's present value is rs. 7000. what will be its value after 2 years

Answer»

Step-by-step explanation:

Solution,

Here, Rate = 12%

principal = Rs7,000

time = 2 yrs

Amount = ?

We know,

INTEREST (I) = P × T × R

100

= 7,000 × 12 × 2

100

= 70 × 12 × 2

= 70 × 24

= Rs 1,680

Now,

Amount = Principal + Interest

= Rs 7,000 + Rs 1,680

= Rs 8,680

Hence,

Its VALUE after 2 years at the rate of 12% is

Its value after 2 years at the rate of 12% is Rs 8,680.