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. 8748 its purchase price was

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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. 8748, its purchase price was:
A.	10000
B.	12000
C.	14000
D.	16000
Answer» C. 14000

Discussion

Explore topic-wise MCQs in Percentage problems.

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. 8748, its purchase price was: