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TNPSC Group-I 2021 · Question 132 of 148

The value of a machine depreciates at 10% per year. If the present value is Rs. 1,62,000, what is the worth of the machine after two years?

Aptitude - Percentage

  1. ARs. 129600
  2. BRs. 130600
  3. CRs. 131600
  4. DRs. 131220Correct

Answer: D. Rs. 131220

Explanation

162000 x 0.9^2 = 162000 x 0.81 = Rs. 1,31,220.

Source: TNPSC Group-I Prelims (held 3 Jan 2021) - official paper via examrace.com

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