A Maruti alto was bought for Rs. 220000. Its resale
price after 3 years by considering 12% depreciation
p.a. would be
Answer:
O Rs. 149224
O .
Rs. 149924
O Rs. 149424
Rs. 149944
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1
Answer:
cost= Co
Rate = 20%
Time = 2 years
Let after 2 years cost, C=208000
Thus, C=Co(1+100R)T
208000=Co(1−10020)2
Co=325000
Thus present cost is 325000 Rs.
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