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
(A) rs 10000
(B) rs 12500
(C) rs 14575
(D) rs 16250
✅ Correct Answer:rs 12500
Comments
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