The value of a refrigerator which was purchased 2 years ago, depreciat – InterviewSolution

1.	The value of a refrigerator which was purchased 2 years ago, depreciates at 12% per annum. If its present value is Rs. 9680, for how much was it purchased?
Answer» The value of a refrigerator which was purchased 2 years ago, depreciates at $12 %$ per annum. If its present value is Rs. 9680, for how much was it purchased?

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