Subject
Quantitative Aptitude
Topic
Percentage
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. 8,748, its purchase price was ?
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. 8,748, its purchase price was ?
ক)
Rs.14,000খ)
Rs.12,000গ)
Rs. 12,800ঘ)
Rs. 15,000Explanation
We have P = 8748, R = -10 and n = 3 Therefore, the purchase price of the machine = = = 8748 x (100/90) x (100/90) x (100/90) = 12,000. Therefore, the purchase price of the machine was Rs. 12,000.Related questions
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