The value of a machine depreciates every year by 10%. If its present value is ₹35,000, then the value of the machine after 2 years will be:

₹28,350

90% = \(\frac{9}{10}\)

Present value of machine = 35000

ATQ ,

New value of Machine after 2 years ,

= 35000 × \(\frac{9}{10}\) × \(\frac{9}{10}\)

= 28350

So , Value of Machine after 2 years is Rs.28350 .