Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A machine costs ₹50,000 and has a useful of 4 years. The estimated scrap value of ₹10,000. The book value (in ₹) of this machine after 2 years is :

Options:

40,000

10,000

20,000

30,000

Correct Answer:

30,000