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Jaya bought a car worth ₹3,50,000 four years ago. If the value of the car depreciates over time at a fixed rate of 10% per annum, then what will be the present worth of the car?

Aptitude and Reasoning MCQ Questions with Solutions

Jaya bought a car worth ₹3,50,000 four years ago. If the value of the car depreciates over time at a fixed rate of 10% per annum, then what will be the present worth of the car?

A) 2,29,635
B) 2,50,000
C) 2,30,000
D) 2,55,150
Answer & Explanation: A) 2,29,635
Jaya bought a car worth ₹3,50,000 four years ago. If the value of the car depreciates over time at a fixed rate of 10% per annum, then the present worth of the car 2,29,635.

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