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Scholarship-VIIIMathProfit and Loss

Rohit purchased a 3-year-old used machine from Mohit for Rs. 8,57,375. If the rate of depreciation is 5%, for how much did Mohit must have bought the machine?

Model Answer & Options

Source: Previous Question Papers

Rs. 10,00,000

Rs. 12,00,000

Rs. 8,00,000

Rs. 9,00,000

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