The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs 72900, find its purchase price.
Answers
Answered by
0
Answer:
94770
Step-by-step explanation:
30% of 72900 is 21870 before 3 years means we have to present value
Answered by
1
Answer:
100000 Rupees
Step-by-step explanation:
Final price = initial price(1+rate/100)^time
72900= ip (9/10)^3 as rate is negative
72900 x 1000/729= ip
100000= initial price or purchase price
Similar questions