A machine was purchased 2 years ago. It depreciates at the rate of 6% per annum. Its present value is Rs 97200. Find the purchase value of the machine.
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Answer:
85709.2 rs is the right answer
A=P(1-R/100) to power t
A=97200(1- 6/100)to power 2
A=97200×94/100×94/100
A=85709.2
manikarnika77:
Please show the procedure.
are u understand
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