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Pumps $A$ and $B$ are being considered for purchase in a chemical plant. Cost details for these two pumps are given in the table below. The interest rate is $10 \%$ per annum, compounded annually. For both the pumps to have the same capitalized cost, the salvage value $\text{(in Rs.)}$ of pump $B$ should be__________(rounded off to the nearest integer).

$$\begin{array}{|l|c|c|}
\hline \qquad  \qquad \qquad \quad \textbf{Item} & \textbf{Pump A} & \textbf{Pump B} \\
\hline \text{Installed cost (Rs.)} & 16000 & 32000 \\
\hline \text{Uniform end of year maintenance (Rs.)} & 2400 & 1600 \\
\hline \text{Salvage value (Rs.)} & 1000 & ? \\
\hline \text{Service life (year(s))} & 1 & 2 \\
\hline
\end{array}$$
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