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Q.

A machine costing ₹C would reduce to  ₹ 10000 in 7 years. If annual depreciation charge is ₹ 10000, then the value of C is

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a

80000

b

70000

c

none of these

d

60000

answer is A.

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Detailed Solution

10000=C−100007⇒C=70000+10000⇒C=80000

∴ Option (a) is the correct answer. 

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