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?
Arif Khan
A. Rs. 1,10,000 B. Rs. 1,20,000 C. Rs. 1,24,000 D. Rs. 1,21,000 E. None of these
