A printing machine bought for ₹2,50,000 depreciates by 20% in the first year, 15% in the second year and 10% in the third year. What is its value after 3 years?

Explanation

1. 01

   After year 1: $250000 \times 0.8 = ₹2{,}00{,}000$.

2. 02

   After year 2: $200000 \times 0.85 = ₹1{,}70{,}000$.

3. 03

   After year 3: $170000 \times 0.9 = ₹1{,}53{,}000$.