Multiple Choice Questions on Value of vehicle at end of each year depreciates at the rate of 3 5th of value at the beginning If I........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Value of vehicle at end of each year depreciates at the rate of 3 5th of value at the beginning If I...........

Quantitative Aptitude ( CCS) Simplification
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    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 ?

    6000

    Incorrect Answer

    3600

    Incorrect Answer

    2160

    Correct Answer

    415

    Incorrect Answer
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    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

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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