Arithmetic Ability
Percentage

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Q.

The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8748, its purchase price was :

View Answer

Correct choice: B

Explanation:

Purchase price = Rs.[8748(1−10100)3] = Rs. [8748 * 10/9 * 10/9 * 10/9] = Rs.12000
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