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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



Question ID - 57538 | SaraNextGen Top Answer

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

1 Answer
127 votes
Answer Key / Explanation : (c) -

Purchase price = Rs.  Rs. 43500.

127 votes


127