Mathematics for FinanceMTP May 18Question 1276 of 422
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A machine worth of $4,90,740$ is depreciated at $15\%$ on its opening value each year. When its value reduces to $2,00,000$.

Options

A$5$ years $6$ months
B$6$ years $7$ months
C$5$ years $5$ months
DNone of these
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Correct Answer

Option dNone of these

All Options:

  • A$5$ years $6$ months
  • B$6$ years $7$ months
  • C$5$ years $5$ months
  • DNone of these

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