Question

If the present cost of a machine is Rs. 2,10,000. If its value depreciates at the rate of 10% per annum, what will be its value after 3 years?

• A. Rs.156780
• B. Rs.167843
• C. Rs.123490
• D. Rs.156780
• E. Rs.153090

Answer 1

The correct option is E

Rs.153090

The value of the machine after 3 years = $210000\times {(1-\frac{10}{100})}^3$

= Rs.153090