The value of a machine deprecites at 20% per annum. it was purchased 2 years ago. if it's present value is rs 40000, for how much was it purchased
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The present value of the machine is the 80% of the previous year, therefore the last year depreciated value was.... Rupees..
=26389.80 /80 * 100 = 32987.25 rupees. (3rd year to previous year).
=Rs 32987.25 was also the depreciated value of the previous year, then the value was...
=32987.25 / 80 * 100 = 41234.0625 (2nd year to previous year)
=Again this value was the 80% of the original cost of the machine, therefore the purchase price was....
=41235.0625 /80 * 100 = 51542.5781 rupees. Original Price.
The PURCHASE PRICE IS Rs.51542.5781 is the answer.
Step-by-step explanation: I Hope this will help uhh !
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