The cost 15
The cost of a machine depreciates every year by 10% of its cost at the beginning of the year. If the present cost of the machine is USD 10000, find its cost after 2 years.
Correct answer:

Tips for related online calculators
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
arithmeticbasic operations and conceptsUnits of physical quantitiesGrade of the word problem
Related math problems and questions:
- The value
The value of the property decreases every year at the rate of 5%. If its present value is 411540 USD, what was its value three years ago?
- Population growth 2
The present population of the town is 200,000. Its population increases by 10% in the first year and 15% in the second year. Find the population of the town at the end of the two years.
- Computer
The school purchased the computer 10000. The price of a computer always depreciates the same percentage as the previous year. After four years, the value of the computer is reduced to 1300. How much percent was the declining price of the computer each yea
- Depreciated 37171
The initial price of the machine is 23,000 euros. Every year, 12% of its cost is depreciated due to wear and tear. What value will the machine have after six years?
- An apple 2
An apple tree was planted two years ago. It increases at the rate of 20% every year .If at present, the height of the tree is 540 cm, what was it when the tree was planted?
- Machine
The price of the new machine is € 65000. The 12% of residual value is depreciated every year. What will the value of the machine be after 2 years?
- Railways 3
Railway Corporation wants to purchase a new machine for $360,000. Management predicts that the machine can produce sales of $220,000 yearly for the next five years. Expenses are expected to include direct materials, direct labor, and factory overhead (exc