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The value of a machine depreciates at th...

The value of a machine depreciates at the rate of 20 % per annum. If its present value is Rs. 96000, what was the value (in Rs) of the machine 2 years ago ?

A

138240

B

134400

C

150000

D

144000

Text Solution

Verified by Experts

The correct Answer is:
C
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