The value of a machine depreciates at the rate of 12 percent per annum. It was purchased three years ago. Its present value is Rs. 29644.032. what was the purchase price of the machine? 


(a) 
Rs. 38900 
(b) 
Rs. 39000 
(c) 
Rs. 43500 
(d) 
Rs. 48700 
The value of a machine depreciates at the rate of 12 percent per annum. It was purchased three years ago. Its present value is Rs. 29644.032. what was the purchase price of the machine? 


(a) 
Rs. 38900 
(b) 
Rs. 39000 
(c) 
Rs. 43500 
(d) 
Rs. 48700 