Answer : 2 Rs.12,000 Explanation : Answer: B) Rs.12,000 Explanation: We have P = 8748, R = -10 and n = 3Therefore, the purchase price of the machine= P1 R100n= 87481-101003= 8748 x (100/90) x (100/90) x (100/90)= 12,000. Therefore, the purchase price of the machine was Rs. 12,000.

**Click here to see the full blog post**

**last edited by**