Source: Previous Question Papers
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?
Options
Option A is correct
Rs. 10,00,000
Option B
Rs. 12,00,000
Option C
Rs. 8,00,000
Option D
Rs. 9,00,000