The value of a machine depreciates at 20% per annum. If its present value is Rs. 1,50,000, at what price should it be sold after two years such that a profit of Rs. 30,000 is made? Options.
A) 328897	B) 120000	C) 877888	D) 277768	E) 126000
The value of the machine after two years = 0.8 * 0.8 * 1,50,000 = Rs. 96,000   SP such that a profit of Rs. 30,000 is made = 96,000 + 30,000 = Rs. 1,26,000   Answer: 126000
<result>E</result>
The value of a machine depreciates at 20% per annum. If its present value is Rs. 1,50,000, at what price should it be sold after two years such that a profit of Rs. 30,000 is made?