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 Mcqs

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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

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