Question

The balance of machine on 31st March, 2019 is ` 97,200. The machine was purchased on 1st April,

2017. Depreciation is charged @ 10% p.a. by diminishing balance method. The cost price of the machine as on 1st

April, 2017 would be :

(A) ` 1,00,000 (B) ` 1,20,000 (C) ` 1,08,000 (D) ` 1,32,000.​

Answer 1

Answer:

97200*100/90= 108000

108000*100/90= 120000

your final answer is 120000

Explanation:

.