The value of a machine is decreased by 10% every year. If its value after 3 years will be 87480, what is
its present value?
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Answer:
Step-by-step explanation:
Purchase price = Rs.[8748/(1−10/100)^3]
= Rs. [8748 * 10/9 * 10/9 * 10/9]
= Rs.12000
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kblavanya97:
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