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  1. A machine having assumed life of 20 years is purchased for Rs 32000/-. Its scrap value at the end of its life is Rs 8000/-. If the depreciation is calculated by diminishing balance method, then percentage reduction in its value at the end of first year is __________ percent.

    2. A.
    6.7
    B.
    7.6
    C.
    10.3
    D.
    15.2

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    Workspace

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    Answer : Option A

    Explanation :

    No answer description available for this question.

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