Question:
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
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
Updated On: Oct 16, 2024
- 16000
- 12000
- 10000
- 8000
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The Correct Option is B
Solution and Explanation
The correct answer is Option (B): 12000
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