Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

The cost of a machine in Rs 20,000 and its estimated useful life is 10 years. The scrap value of the machine, when its value depriciates at 10% p.a, is :

Options:

Rs. 9672

Rs. 7000

Rs. 6982

Rs. 3500

Correct Answer:

Rs. 9672