Q: The value of a machine depreciates at the rate of 10% per annum. If its present value is 1,62,000. What was the value (in `) of the machine 2 years ago?
A.
`2,00,000
B.
`50,000
C.
`54,66,123
D.
`1,31,220
Correct Answer:
Option A -
Explanations:
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