Mathematics
Medium
Question
The value of a machine depreciates at 20% per annum. If its present value is Rs. 1,50,000, at what price should it be sold after two years such that a profit of Rs. 24,000 is made?
A
Rs. 1,10,000
B
Rs. 1,20,000
✓ Official correct answer
C
Rs. 1,24,000
D
Rs. 1,21,000
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A
Rs. 1,10,000
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B
Rs. 1,20,000
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C
Rs. 1,24,000
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D
Rs. 1,21,000
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