A machine depreciates 12% per year. Its value after 1 year if purchased for Rs. 60,000 is: MCQ with Answer and Explanation

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A machine depreciates 12% per year. Its value after 1 year if purchased for Rs. 60,000 is:

A. 52,500

B. 52,800

C. 53,000

D. 52,000

Answer: Option B

Solution (By JKSSB Mock Tests)

60,000 × 0.88 = 52,800.

This question belongs to: Maths Percentage

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Question #1

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A man spends 70% of his income. If his income increases by 20% and his expenditure increases by 10%, what is the percentage increase in his savings?

A. 45%

B. 10%

C. 13.33%

D. 43.33%

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Correct Answer: Option D

Explanation:
Let income = 100, expenditure = 70, savings = 30. New income = 120. New expenditure = 77. New savings = 120 - 77 = 43. Increase in savings = 43 - 30 = 13. Percentage increase = (13 / 30) * 100% = 43.33%.

This question belongs to: Maths Percentage

Question #2

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Kerosene price up 20%. To keep expenditure same, reduce consumption by:

A. 20%

B. 18%

C. 15%

D. 16.67%

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Correct Answer: Option D

Explanation:
Reduction = (20/120)×100 = 16.67%.

This question belongs to: Maths Percentage

Question #3

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Price of petrol increased by 25%. To keep expenditure same, consumption must reduce by:

A. 20%

B. 25%

C. 15%

D. 10%

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Correct Answer: Option A

Explanation:
Reduction % = (25/125)×100 = 20%.

This question belongs to: Maths Percentage

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