The value of an article which was purchased 2 years ago, depreciates at 12 % per annum. If its present value is Rs .9680, the price at which it was purchased is?
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Answer:
The value of an article which was purchased 2 years ago, depreciates at 12 % per annum. If its present value is Rs .9680, the price at which it was purchased is 12,500.
