Question

The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8,748, its purchase price was ?
A) Rs.14,000
B) Rs.12,000
C) Rs. 12,800
D) Rs. 15,000

Answer 1

Q:

The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8,748, its purchase price was ?

A) Rs.14,000B) Rs.12,000C) Rs. 12,800D) Rs. 15,000

Answer:   B) Rs.12,000 

Explanation:

We have P = 8748, R = -10 and n = 3
Therefore, the purchase price of the machine
= P(1+R100)n= 8748(1-10100)3
= 8748 x (100/90) x (100/90) x (100/90)
= 12,000.

 

Therefore, the purchase price of the machine was Rs. 12,000.

Answer 2

Heya mate
The answer of ur question is in pic



So , Purchase price was Rs 12, 000



hope it helps