Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A television set costing ₹50,000 has a useful life of 14 years. If annual depreciation is ₹3,000, its scrap value will be :

Options:

₹8,000

₹10,000

₹4,000

₹6,000

Correct Answer:

₹8,000