Machine depreciates 15% per year. Present value Rs. 72,250, value 2 years ago was: MCQ with Answer and Explanation

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Machine depreciates 15% per year. Present value Rs. 72,250, value 2 years ago was:

A. 1,05,000

B. 95,000

C. 1,00,000

D. 90,000

Answer: Option C

Solution (By JKSSB Mock Tests)

Value 2 years ago = 72250 / (0.85×0.85) = 72250 / 0.7225 = 1,00,000.

This question belongs to: Maths Percentage

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Question #1

Convert 3/4 into a percentage.

A. 65%

B. 60%

C. 70%

D. 75%

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Correct Answer: Option D

Explanation:
(3/4) × 100 = 75%.

This question belongs to: Maths Percentage

Question #2

If the price of rice decreases by 20%, by what percentage can consumption be increased without changing expenditure?

A. 20%

B. 30%

C. 25%

D. 33.33%

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Correct Answer: Option C

Explanation:
Required increase = (R / (100 - R)) * 100. (20 / 80) * 100 = 25%.

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Question #3

A man spends 65% of his income and saves Rs. 17500. His income is:

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B. 45000

C. 50000

D. 48000

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Correct Answer: Option C

Explanation:
35% = 17500, income = 17500/0.35 = 50000.

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