Q: The value of a machine depreciates at the rate of 10% every year. It was purchased 3 years ago. If its present value is Rs. 8748, its purchase price was :\nOptions:\n(A) 12000\n(B) 10000\n(C) 15000\n(D) 20000\n(E) 25000 Let's give some random thoughts before answering.
User
Purchase = 8748/(1-10/100^3) = 12000
Therefore, the answer is (A).
Assistant