Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A vehicle costing ₹1,25, 000 has a scrap value of ₹25,000. If the annual depreciation charge is ₹12,500 then the useful life (in years ) of the vehicle is :

Options:

4

6

8

10

Correct Answer:

8