Mathematics for FinancePYQ Jun 24Question 1263 of 479
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The value of a machine depreciates every year at the rate of 10%\displaystyle 10\% per annum, on its value at the beginning of that year, if the present value of the machine is 72,900\displaystyle 72,900, then machine's worth 3\displaystyle 3 years ago was:

Options

A80,000\displaystyle 80,000
B94,710\displaystyle 94,710
C1,00,000\displaystyle 1,00,000
D75,087\displaystyle 75,087
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Correct Answer

Option c1,00,000\displaystyle 1,00,000

All Options:

  • A80,000\displaystyle 80,000
  • B94,710\displaystyle 94,710
  • C1,00,000\displaystyle 1,00,000
  • D75,087\displaystyle 75,087

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