The value of a machine depreciates at 25% per annum. If its present value is $1,50,000, at what price should it be sold after two years such that a profit of $24,000 is made?	Choose the most appropriate option.
A) $ 258375
B) $ 438375
C) $ 128375
D) $ 108375
E) $ 158375

Rationale: "the value of the machine after two years = 0.75 * 0.75 * 1 , 50,000 = $ 84,375 sp such that a profit of $ 24,000 is made = 84,375 + 24,000 = $ 1 , 08,375 d"
Answer: D