International Business Machines (IBM) Question:

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In library, there are two racks with 40 books per rack. On dya, 30 books were issued. What fraction remained in racks?	Company rented machine for Rs.700/- a month. Five years later treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, company would have saved Rs.2000/-. What was purchase price of machine?