The value of a machine depreciates every year by 20%. if the present value of the machine be ₹ 160000, what was its value last year ?
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Answer:
₹ 128000
Step-by-step explanation:
80/100×160000
so cut down the zeroes;
80/1 ×1600=128000
therefore the value of the machine last year was,₹128000
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