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Q:

The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs.53071.20, the purchase price of the machine was:

  • 1
    Rs.72800
  • 2
    Rs.69680
  • 3
    Rs.84560
  • 4
    Rs.78400
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Answer : 1. "Rs.72800"

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