Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

An average useful life of a truck is 10 years, with final scrap value of Rs. 50,000. If the annual depreciation of the truck is Rs. 1,25,000, then the original cost of the truck is:

Options:

Rs. 75,000

Rs. 1,75,000

Rs. 6,25,000

Rs. 13,00,000

Correct Answer:

Rs. 13,00,000

Explanation:

The correct answer is Option (4) → Rs. 13,00,000