The value of a machinery depreciates at the rate of 10% after each year. Find the purchase price if at the end of 3 years, its value is only Rs 8748. Options: A . &nbspRs 10000 B . &nbspRs 11000 C . &nbspRs 12000 D . &nbspRs 13000

The value of a machinery depreciates at the rate of 10% after each year. Find

Question

The value of a machinery depreciates at the rate of 10% after each year. Find the purchase price if at the end of 3 years, its value is only Rs 8748.

Options:

A . Rs 10000

B . Rs 11000

C . Rs 12000

D . Rs 13000

Answer: Option C

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