The value of a machine depreciates at the rate of 10% every year. It w – McqOptions

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1.	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 ?
A.	Rs.14,000
B.	Rs.12,000
C.	Rs. 12,800
D.	Rs. 15,000
Answer» C. Rs. 12,800

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