the value of a machine depreciates at the rate of 16 2/3% per annum. it was purchased 3 years ago. if its present value is ₹62500, find its purchase price.
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Answer:
firstly 162/3%=54%. the present value is 62500. purchased machinery 3yrs ago. dep rate 33750 .so dep before yrs is 101250.
now 101250+62500=163750 is the price
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2
Answer:
108000
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