Mathematics for FinanceMTP Jun 24Question 1420 of 422
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A machine worth of Rs. $4,90,740$ is depreciated at $15\%$ on its opening value each year. When its value reduces to Rs. $2,00,000$ it will take

Options

A4 years 6 months
B4 years 7 months
C4 years 5 months
D4 years 8 months
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Correct Answer

Option d4 years 8 months

All Options:

  • A4 years 6 months
  • B4 years 7 months
  • C4 years 5 months
  • D4 years 8 months

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