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1095

Q: Value of vehicle at end of each year depreciates at the rate of 3/5th of value at the beginning. If Initial value is 10,000Rs then at the end of three years its value is ?

  • 1
    Rs. 6000
  • 2
    Rs. 3600
  • 3
    Rs. 2160
  • 4
    Rs. 415
  • Show Answer
  • Workspace

Answer : 3. "Rs. 2160"
Explanation :

Answer: C) Rs. 2160 Explanation: End of first year     :  10000 x (3/5) = Rs. 6000End of second year :  6000 x (3/5) = Rs. 3600End of third year    :  3600 x (3/5) = Rs. 2160

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