The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs.53071.20, the purchase price of the machine was:

The value of a machine depreciates at the rate of 10% per annum. It wa

1.	The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs.53071.20, the purchase price of the machine was:
A.	Rs.72800
B.	Rs.69680
C.	Rs.84560
D.	Rs.78400
Answer» B. Rs.69680

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The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs.53071.20, the purchase price of the machine was:

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