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A company rented a machine for Rs.700/- a month. Five years
later the treasurer calculated that if the company had
purchased the machine and paid Rs.100/- monthly maintenance
charge, the company would have saved Rs.2000/-. What was the
purchase price of the machine?
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Answer Posted / sumathirajagopal
per year=700*12=8400
then for 5 years=8400*5=42000
for maintanace rs 100 for 5 year=6000
=42000-6000-2000
=34000
| Is This Answer Correct ? | 79 Yes | 2 No |
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