the value of a machine depreciates at the rate of 16(2/3)%(a mixed fraction) per annum. it was purchased 3 years ago. if its present value is ₹62500, find its purchase price.
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rate - 50/3
year - 3
principle - x
si - p*r*t/100
62500 - x/2
x - 31250 is priciple
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