The value of a machine is Rs.9000. It decreases by 15% in the first year, 10% in the second year and 25% in the third year. What will be the value of the machine after 3 years?
Answer & explanation
Correct answer: option 1
Actual Value : New Value
-15% 20 : 17
-10% 10 : 9
-25% 4 : 3
—————————————
800 : 459
ATQ,
800R = 9000 (given)
1R = 11.25
459R = 5163.75