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The value of a machine is Rs. 6250. It decreases by 10% during the first year, 20% during the second year and 30% during the third year, What will be the value of the machine after 3 years ?
Answer & Solution
Correct Answer:
Option
C
Current value of machine
$$\eqalign{ & = 6250 \times \frac{{90}}{{100}} \times \frac{{80}}{{100}} \times \frac{{70}}{{100}} \cr & = {\text{Rs}}{\text{. 3150}} \cr} $$
$$\eqalign{ & = 6250 \times \frac{{90}}{{100}} \times \frac{{80}}{{100}} \times \frac{{70}}{{100}} \cr & = {\text{Rs}}{\text{. 3150}} \cr} $$
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