The cost of a machine decreases by a sum of 12.5 % per year If the current price of the machine is 6400 rupees, what will be the price of the machine after 2 years?
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Answered by
1
Answer:
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Answered by
0
Answer:
We know that
Final price = initial price(1+
100
rate
)
time
Here the final price = Rs. 8784, time =3 yrs, rate =−10%p.a.
The rate is negative since the price is depriciating.
Let the initial price = Rs. x.
= Rs. 12000
So, the price of the machine 3 years back = Rs. 12000.
Ans- Option C.
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