Question:
The value of equipment is Rs.1 crore. If depreciation is calculated at 10% annually using the written-down value method, what will be the value after 3 years?
The value of equipment is Rs.1 crore. If depreciation is calculated at 10% annually using the written-down value method, what will be the value after 3 years?
Updated On: Oct 15, 2024
- Rs.72.9 lakh
- Rs.70 lakh
- Rs.65.7 lakh
- Rs.75.6 lakh
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
The correct option is (A): Rs.72.9 lakh
Was this answer helpful?
0
0
Top Questions on SI & CI
- A sum of money triples itself in 8 years at simple interest. In how many years will it become five times itself at the same rate?
- Cynthia has borrowed Rs. 6,000 at the rate of 7% S.I. What amount does she need to pay after 3 years to clear the debt?
- The difference between the compound interest, compounded annually and the simple interest on a certain sum for 2 years at 6% per annum is Rs.18. Find the sum.
- If Rakesh borrows Rs. 36,000 from Sathesh at a rate of interest 6% S.I, at the end of four years, how much interest does Rakesh have to pay?
- A man deposited Rs.1,000 in a bank. In return he got Rs.1,331. Bank gave interest 10% per annum. How long did he keep the money in the bank?
View More Questions
Questions Asked in KMAT KERALA exam
- In India, the Chairperson of the Permanent House is
- KMAT KERALA - 2025
- General Awareness
- UNICEF stands for
- KMAT KERALA - 2025
- General Awareness
- Currently, the Election Commission of India consists of
- KMAT KERALA - 2025
- General Awareness
- The ratio of width of the Indian national Flag to its length is
- KMAT KERALA - 2025
- General Awareness
- The National Anthem of India, Jana-Gana-Mana, was originally composed by Rabindranath Tagore in
- KMAT KERALA - 2025
- General Awareness
View More Questions