balbir Singh purchased a machine 2 years ago of RS.62500. if the value of machine decreases by 8% per year, then what will be the value of The machine today? give answer
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8percentx62500
=62500x8/100
=5000
price of the machine today 1yr ago=62500-5000
=₹57500
price of the machine today=57500-5000=₹52500
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