Question: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 : 

A `Rs. 10000` 
B `Rs. 11372.40` 
C `Rs. 12000` 
D None 

+ Answer
C 

+ Explanation
`P xx (1 - (10)/(100))^3 = 8748`

`=> P = (8748 xx (10)/9 xx (10)/9 xx (10)/9)`

`= Rs. 12000`.

+ Report

Md. Habib Ullah

Editor, VCampus

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