Question
A machine depreciates by 10% each year. If its current value is Rs. 50,000, what will it be worth after 2 years?
Select an option. Your answer will be checked instantly.
Correct Answer: C. Rs. 40,500
Explanation:
Each year, 90% of the previous value remains.
Thus, 50,000 × 0.9² = Rs. 40,500.
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