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    Question

    A machine bought at Rs. 50,000 falls in its value by 8%

    of its value every year. Find the value of the machine after 2 years.
    A ₹ 40,000 Correct Answer Incorrect Answer
    B ₹ 43,220 Correct Answer Incorrect Answer
    C ₹ 42,000 Correct Answer Incorrect Answer
    D ₹ 42,320 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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