Mathematics for FinancePYQ Jun 23Question 1246 of 422
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A machine depreciates $10\%$ of its value at the beginning of the year. The cost and scrap value realized at the time of sale being $23,240$ and $9,000$ respectively. Approximately, for how many years the machine is put to use?

Options

A7
B8
C9
D10
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Correct Answer

Option c9

All Options:

  • A7
  • B8
  • C9
  • D10

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