Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

The annual depreciation of a car is Rs 30,000. If the scrap value of the car after 15 years is Rs 50,000 then the original cost (in Rs.) of the car is :

Options:

4,50,000

5,00,000

5,50,000

6,00,000

Correct Answer:

5,00,000