17. The value of a machine depreciates every year by 20%. If the present value of the machine be
160000, what was its value last year?
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Answer:
IT Was of RS 200000 last year
Step-by-step explanation:
Last Year Price = x
Current Price = 160000
Current Price = 80% ( 100 - 20 % ) of last year price
So , 160000 = 80x/100
x = 200000
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