The value of a machine depreciates at the rate of $12$ $per$ $cent$ per annum. It was purchased $3$ $years$ ago. Its present value is $Rs. 29644.032$, what was the purchase price (In $Rs.$) of the machine?
The value of a machine depreciates at the rate of $12$ $per$ $cent$ per annum. It was purchased $3$ $years$ ago. Its present value is $Rs. 29644.032$, what was the purchase price (In $Rs.$) of the machine?
- A
$48700$
- B
$43500$
- C
$38900$
- D
$39000$
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