In an organization, in the company’s books of accounts, depreciation is charged at the rate of 10%….

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In an organization, in the company’s books of accounts, depreciation is charged at the rate of 10% of the previous value. However, every second year there is some maintenance work so that in that particular, depreciation is only 8% of its previous value. If at the end of fourth year, the value of the machine stands at Rs. 985527, then find the value of machine at the beginning of the first year.

Options :-

1. Rs.1235300
   
2. Rs.1227260
   
3. Rs.1483600
   
4. Rs.1274600
   
5. Rs.1437500
   

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