Jaya Brought a worth Rs 3,50,000 four years ago. If the value of the car is depreciates over time at fixed rate of 10% per annum then what willl be present worth of car ?

Answer : A. 229635

Jaya Brought a worth Rs 350000 four years ago. If the value of the car is depreciates over time at fixed rate of 10% per annum then what willl be present worth of car ?

A. 229635

B. 250000

C. 230000

D. 255150

Answer : A. 229635

Explanation:

Each year decreses by 10% and for continuous 4years
350000 * (90/100) * (90/100) * (90/100) * (90/100)
= 229635

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