Learn and practice Aptitude questions and answers with explanation for interview, competitive exam (Pariksha Corner )

Monday, August 8, 2022

The value of a machine depreciates at the rate of 12 percent per annum. It was purchased three years ago. Its present value is Rs. 29644.032. What was the purchase price of the machine ?

The value of a machine depreciates at the rate of 12 percent per annum. It was purchased three years ago. Its present value is Rs. 29644.032. What was the purchase price of the machine ?
ARs. 48700
BRs. 43500
CRs. 38900
DRs. 39000

Correct answer is: Rs. 43500

Explanation:

\(\eqalign{ & = {\text{Rs}}{\text{.}}\left[ {\frac{{29644.032}}{{{{\left( {1 - \frac{{12}}{{100}}} \right)}^3}}}} \right] \cr & = {\text{Rs}}{\text{.}}\left( {29644.032 \times \frac{{25}}{{22}} \times \frac{{25}}{{22}} \times \frac{{25}}{{22}}} \right) \cr & = {\text{Rs}}.43500 \cr}\)

nithin
answered Aug 8 '2022 at 22:16

All Comments

Post your answers here:

Post

Post your comments here:

Post

Categories