The value of a machine is ₹1000. It decreases by 20% in the first year, 15% in the second year and 35% in the third year. What will be the value of the machine after 3 years?
Answer & explanation
Correct answer: option 3
Actual Value : New Value
-20% 5 : 4
-15% 20 : 17
-35% 20 : 13
2000 : 884
ATQ,
2000R = 1000 (given)
1R = 0.5
884R = 442