Question 25

loading...

Prev/Next links

waecmaths question: 

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

Option A: 

N16,200

Option B: 

N14,200 

Option C: 

N12,000

Option D: 

N8,000

waecmaths solution: 

10% of N20000 =N2000

1st year , the machine would have depreciated by N2000, the new price will be N18000

10% of the N18,000 = N1,800

2nd year, the machine would have depreciated by N1800, the new price will be N16,200

maths year: 
maths topics: