Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A vehicle has a scrap value of ₹6,75,000 after 10 years of its purchase. If the annual depreciation charge is ₹42,500 , then the original cost of the vehicle is:

Options:

₹10,80,000

₹11,25,000

₹11,00,000

₹12,50,000

Correct Answer:

₹10,80,000

Explanation:

The correct answer is Option () -