If the cost of a car is ₹10,00,000 and - CUETMOCK

Practicing Success

Start Free Mocks

Follow :

CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks

Home Questions BJRVRUYSSB

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

If the cost of a car is ₹10,00,000 and its scrap value after fifteen years is ₹1,00,000, then yearly depreciation using straight line method is :

Options:

₹75,000

₹60,000

₹50,000

₹40,000

Correct Answer:

₹60,000

CUET Questions