Question

What is the depreciated value on 1st Jan 87 of a car which was bought on 1st Jan 83? (i)The purchase value was Rs.60,000. (ii)Each year, it depreciated at the rate of 15% of it’s value on 1st Jan in that year. * 4 points A. If statement (i) alone is sufficient but statement (ii) alone is not sufficient. Incorrect! B. If statement (ii) alone is sufficient but statement (i) alone is not sufficient. Incorrect! C. If both statements (i) and (ii) together are sufficient but neither of statements alone is sufficient. D. If each statement alone is sufficient

Answer 1

Answer:

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