CUET · MATHS · PYQ PAPER 2025
A piece of machinery is bought for Rs. 50,000
In the first year, it depreciates by 15%
In each subsequent year, the depreciation rate increases by 5%
Find the value of the machinery after 3 years
- A Rs. 32, 700
- B Rs. 24,000
- C Rs. 25, 500
- D Rs. 42,000
Answer & Solution
Correct Answer
(C) Rs. 25, 500
Step-by-step Solution
Detailed explanation
Value after 1st year \( = 50,000 \times (1 - 0.15) = 42,500 \) Value after 2nd year \( = 42,500 \times (1 - 0.20) = 34,000 \) Value after 3rd year \( = 34,000 \times (1 - 0.25) = 25,500 \)
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