The value of a machine depreciates 10% every year. If its present value is Rs 387000, what was its value 1 year ago?
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348300 will be the value of machine after 1 yr
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387000*10/100
=38700
one year ago price= 387000+38700
=425700
=38700
one year ago price= 387000+38700
=425700
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