PSAT/NMSQT Question: Download Questions PDF
A piece of equipment cost a certain factory Rs. 600,000. If it depreciates in value, 15% the first year, 13.5% the next year, 12% the third year, and so on, what will be its value at the end of 10 years, all percentages applying to the original cost?
Answer:
1. 2,00,000
2. 1,05,000
3. 4,05,000
4. 6,50,000
Correct answer- B
2. 1,05,000
3. 4,05,000
4. 6,50,000
Correct answer- B
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