The value of an article which was purchased 2 years ago, depreciates a – McqOptions

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1.	The value of an article which was purchased 2 years ago, depreciates at 12% per annum. If its present value is Rs.9680, what is the price at which it was purchased?
A.	Rs.10000
B.	Rs.12500
C.	Rs.14575
D.	Rs.16250
Answer» C. Rs.14575

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