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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 -
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Explanations:

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