The value of a machine depreciates at the rate of 20% per annum. If it – McqOptions

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1.	The value of a machine depreciates at the rate of 20% per annum. If its present value is Rs. 96000, then what was the value (in Rs.) of the machine 2 years ago?
A.	138240
B.	134400
C.	150000
D.	144000
Answer» D. 144000

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