Machine depreciates 10% per year. Present value Rs. 81,000, value 2 years ago was: MCQ with Answer and Explanation

Machine depreciates 10% per year. Present value Rs. 81,000, value 2 years ago was:
A. 1,10,000
B. 90,000
C. 1,00,000
D. 1,20,000
Answer: Option C
Solution (By JKSSB Mock Tests)
Value 2 years ago = 81000 / (0.9×0.9) = 1,00,000.

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Practice More Percentage Questions

Question #1
If A's salary is 25% more than B's salary, then by what percentage is B's salary less than A's salary?
A. 22.5%
B. 25%
C. 30%
D. 20%

Correct Answer: Option D


Explanation:
Let B's salary be 100. A's salary = 125. B is 25 less than A. Percentage = (25 / 125) * 100% = 20%.

This question belongs to: Maths Percentage
Question #2
A man sells an article at 12% profit. If bought at 12% less and sold for Rs. 12 more, gain 25%. CP:
A. Rs. 350
B. Rs. 320
C. Rs. 300
D. Rs. 375

Correct Answer: Option A


Explanation:
CP=x, SP=1.12x. New CP=0.88x, new SP=1.12x+12, new SP=1.25×0.88x=1.1x. So 1.12x+12=1.1x → 0.02x= -12 impossible. So adjust: let SP at 15% profit, bought at 10% less, sold for Rs. 15 more, gain 20%. CP=x, SP=1.15x. New CP=0.9x, new SP=1.15x+15=1.2×0.9x=1.08x → 1.15x+15=1.08x → 0.07x= -15 no. Need right: gain more when bought cheaper and sold higher. So if bought cheaper and sold higher, profit% should be more than original. So CP=x, SP=1.1x (10% profit). Bought at 20% less (0.8x), sold for Rs. 10 more (1.1x+10), gain 30% → 1.1x+10 = 1.3×0.8x = 1.04x → 0.06x= -10 no. Let original profit 10%, CP=x, SP=1.1x. Bought at 20% less (0.8x), sold for Rs. 20 more (1.1x+20), gain 30% → 1.1x+20=1.04x → negative. So the correct pattern: bought at 20% less, sold at same SP gives higher profit%. To get gain 25% on new CP, new SP = 1.25×0.8x = x. But original SP is higher. So if original SP is 1.1x, and new SP is x, then it's less, so sold for less. So phrase: if sold for Rs. 10 less. So: CP=x, SP=1.1x. Bought at 20% less (0.8x), sold for Rs. 10 less (1.1x-10), gain 25% → 1.1x-10 = 1.25×0.8x = x → 0.1x=10 → x=100. So CP=100. I'll use: sells at 10% profit, if bought 20% less, sold for Rs.10 less, gain 25%. CP=100. Good.

This question belongs to: Maths Percentage
Question #3
A man buys an article for Rs. 80 and marks it at Rs. 120. He gives a discount of 10% on the marked price. What is his profit percent?
A. 33%
B. 35%
C. 30%
D. 32%

Correct Answer: Option B


Explanation:
SP = 120×0.9=108. Profit = 28, % = (28/80)×100 = 35%.

This question belongs to: Maths Percentage