Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A main frame computer whose cost is ₹5,00,000 will depreciate to a scrap value of ₹50,000 in 5 years. Using the linear depreciation, the book value of the computer at the end of 3 years will be :

Options:

₹90,000

₹180,000

₹2,70,000

₹2,30,000

Correct Answer:

₹2,30,000