the cost price of machine is 2,50,000. if the rate of depreciation is 10% per year find the depreciation in price of machine after two years.

Step-by-step explanation:

cost price = 250000

depreciation = 10%

time or years = 2

depreciation price = cost price * depreciation%

2,50,000*10%

2,50,000*10/100

25,000

then 2 years depreciation = 1 year depreciation price * number of years

25,000 * 2

50,000

therefore depreciation price of machine after 2 years is 50,000