Mathematics for FinanceMTP May 18Question 1276 of 479
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A machine worth of 4,90,740\displaystyle 4,90,740 is depreciated at 15%\displaystyle 15\% on its opening value each year. When its value reduces to 2,00,000\displaystyle 2,00,000.

Options

A5\displaystyle 5 years 6\displaystyle 6 months
B6\displaystyle 6 years 7\displaystyle 7 months
C5\displaystyle 5 years 5\displaystyle 5 months
DNone of these
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Correct Answer

Option dNone of these

All Options:

  • A5\displaystyle 5 years 6\displaystyle 6 months
  • B6\displaystyle 6 years 7\displaystyle 7 months
  • C5\displaystyle 5 years 5\displaystyle 5 months
  • DNone of these

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