Mathematics for FinancePYQ Dec 22Question 1235 of 422
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A machine worth $4,90,740$ is depreciated at $15\%$ on its opening value each year. When would its value reduce to $2,00,750$?

Options

A5 years 5 months
B5 years 6 months
C5 years 7 months
D5 years 8 months
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Correct Answer

Option c5 years 7 months

All Options:

  • A5 years 5 months
  • B5 years 6 months
  • C5 years 7 months
  • D5 years 8 months

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