Q298
The value of a machine depreciates at the rate of 12 percent per annum. It was purchased three years ago. Its present value is Rs. 29644.032. What was the purchase price of the machine ?
A.
Rs. 38900
B.
Rs. 39000
C.
Rs. 43500
AnswerD.
Rs. 48700
E.
None of these
Answer: Option C
Solution
Answer: Option C
Solution:
Purchase price :