Mathematics for FinancePYQ Jun 24Question 1263 of 422
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The value of a machine depreciates every year at the rate of $10\%$ per annum, on its value at the beginning of that year, if the present value of the machine is $72,900$, then machine's worth $3$ years ago was:

Options

A$80,000$
B$94,710$
C$1,00,000$
D$75,087$
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Correct Answer

Option c$1,00,000$

All Options:

  • A$80,000$
  • B$94,710$
  • C$1,00,000$
  • D$75,087$

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