The value of a residential flat constructed at a cost of Rs10 00 000 is depreciating at a rate of 10...........

Quantitative Aptitude (CHSL) Percentage

The value of a residential flat constructed at a cost of Rs10,00,000 is depreciating at a rate of 10% per annum. What will be its

value 3 years after the construction

This questions was previously asked in

SSC CHSL 2nd June 2022 Shift-1

Rs 6,29,000

Rs 7,29,000

Rs 7,92,000

Rs 2,78,000

- The flat's initial cost is Rs 10,00,000.

- It depreciates at a rate of 10% every year. This means each year its value becomes 90% of what it was at the start of that year.

- After 1 year, its value will be Rs 10,00,000 x 0.9 = Rs 9,00,000.

- After 2 years, it depreciates further: Rs 9,00,000 x 0.9 = Rs 8,10,000.

- After 3 years, the value is: Rs 8,10,000 x 0.9 = Rs 7,29,000.

- Option 2: Rs 7,29,000 is the correct value after 3 years.

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