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. 1,00,000

B. 1,05,000

C. 95,000

D. 90,000

Answer: Option A

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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Practice More Percentage Questions

Question #1

Cost price Rs. 600, marked up 50%, then discount 20%. Profit percent:

A. 25%

B. 20%

C. 15%

D. 18%

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Correct Answer: Option B

Explanation:
MP = 600×1.5 = 900, SP = 900×0.8 = 720, profit = 120, profit% = (120/600)×100 = 20%.

This question belongs to: Maths Percentage

Question #2

What is 30% of 400 minus 15% of 200?

A. 80

B. 70

C. 90

D. 100

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Correct Answer: Option C

Explanation:
30% of 400 = 120, 15% of 200 = 30, difference = 90.

This question belongs to: Maths Percentage

Question #3

20 is what percent of 80?

A. 25%

B. 35%

C. 20%

D. 30%

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Correct Answer: Option A

Explanation:
(20/80)×100 = 25%.

This question belongs to: Maths Percentage

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