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Step-by-step explanation:
us suppose the value of the machine 1 year ago be 'x'
10% of x =x×
100
10
=
10
x
As per question
x−
10
x
=38700
10
9x
=38700
9x=387000
x=
9
387000
x=43000
Hence the value of machine 1 year ago will be Rs.43000
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