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 :	Pick:  A) 12003  B) 12000  C) 12002  D) 12289  E) 12019
Explanation:   = Rs.12000   Answer: 12000) 12000
<result>B</result>
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 :