Arithmetic Ability
Percentage

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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 ? 

View Answer

Correct choice: C

Explanation:

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