Multiple Choice Questions on The value of commodity depreciated 20 annually If the value of commodity 3yrs ago was Rs 10 500 Find........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The value of commodity depreciated 20 annually If the value of commodity 3yrs ago was Rs 10 500 Find...........

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    The value of commodity depreciated 20% annually. If the value of commodity 3yrs ago was Rs.10,500,Find it’s present value?

    3678

    Incorrect Answer

    5700

    Incorrect Answer

    4567

    Incorrect Answer

    5376

    Correct Answer
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    Explanation:

    Present value = 10,500*80*80*80/100*100*100
    = 10500*8*8*8/1000
    = 5376
    Hence, opiton 4 is the correct answer.

    By: Amit Kumar
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