Question

A truck is priced at Rs.60000 and running costs are estimated Rs.6000 for each of the

first four years, increasing by Rs.2000 per year in fifth and subsequent years. If money is

worth 10% per year, when should truck be replaced? Assume that the truck will

eventually besold for scrape at a negligible price.​

Answer 1

There are no results for A truck is priced at Rs.60000 and running costs are estimated Rs.6000 for each of the first four years, increasing by Rs.2000 per year in fifth and subsequent years. If money is worth 10% per year, when should truck be replaced? Assume that the truck will eventually besold for scrape at a negligible price.​