1.

Tick the correct answer in each of the following: The value of a machine depreciates at the rate of 20% per annum. It was purchased 2 years ago. If its present value is Rs 40000, for how much was it purchased? (a) Rs 56000 (b) Rs 62500 (c) Rs 65200 (d) 56500

Answer»

Tick the correct answer in each of the following:

The value of a machine depreciates at the rate of 20% per annum. It was purchased 2 years ago. If its present value is Rs 40000, for how much was it purchased?

(a) Rs 56000 (b) Rs 62500 (c) Rs 65200 (d) 56500



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