Question

the value of machine depricates at the rate of 10% per annum . it was purchased 3 years ago. if its present value is rs. 291600 , for.how much was it purchased

Answer 1

291600*10%=29160

320760*10%=32076

352836*10%=35283.6

so 291600+29160+32076+35283.6

=388119.6