ExamVeda
Login
Home

The price of a car depreciates in the first year by...

This question belongs to Arithmetic Ability Percentage
Percentage
?

The price of a car depreciates in the first year by 25% in the second year by 20% in third year by 15% and so on. The final price of the car after 3 years, if the present cost of the car is Rs. 10,00,000 :

Answer & Solution
Correct Answer: Option D
Price after third depreciation,
100 ==25%↓ ==> 75 == 20%↓==>60 == 15% ↓ ==> 51
The price will be,
= Rs. 5,10,000

Alternatively :
1000000 × 0.75 × 0.80 × 0.85
= Rs. 5,10,000
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Percentage

1.14 expressed as a per cent of 1.9 is:
A. 6% B. 10% C. 60% D. 90%
In an examination 80% candidates passed in English and 85% candidates passed in Mathematics. If 73% candidates passed in both these subjects, then what per cent of candidates failed in both the subjects?
A. 8 B. 15 C. 27 D. 35
Half percent, written as a decimal, is
A. 0.2 B. 0.02 C. 0.005 D. 0.05
If the price of the commodity is increased by 50% by what fraction must its consumption be reduced so as to keep the same expenditure on its consumption?
A. $$\frac{1}{4}$$ B. $$\frac{1}{3}$$ C. $$\frac{1}{2}$$ D. $$\frac{2}{3}$$
More Related Questions on Percentage