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 :
Select:
A) 12000  B) 10000  C) 15000  D) 20000  E) 25000
Purchase = 8748/(1-10/100^3) = 12000   12000NSWER 12000
<result>A</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 :