CUET Preparation Today
Dinesh purchases a washing machine for ₹24000. The value of machine is depreciating at the rate of 5% p.a. Calculate its value after 3 years |
19785 22786 20577 21577 |
20577 |
The correct answer is option (3) : 20577 Given $P= ₹24000$ $i=\frac{5}{100}=0.05$ $n= 3\, years $ So, $ S= 24000 (1-0.05)^3$ $= 24000 (0.95)^3$ $= 24000×0.857375$ $= 20577$ |
