The value of a machine depreciates every year by 10%. If the present value of the machine is Rs 54000, what was its value last year? Share with your friends Share 0 Global Expert answered this Let the value of the machine last year be Rs x.Then, its present value=90% of Rs x =Rs x×90100=Rs 90x100Now, 90x100=54000 ⇒x=54000×10090 ⇒x=Rs 60000Hence, the value of the machine last year was Rs 60,000. -1 View Full Answer
