Math, asked by simraayesha4, 8 months ago

The value of a machine depreciates at the rate of 16 per annum. It was purchased
3 years ago. If its present value is 62500, find its purchase price

Answers

Answered by rsingh625

0

firstly 16 2/3%=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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