Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A computer costing ₹5,00,000 will depreciate to a scrap value of ₹50,000 in 5 years. Using linear method of depreciation find the value of computer at the end of third year

Options:

₹14,000

₹2,30,000

₹3,20,000

₹3,50,000

Correct Answer:

₹2,30,000