The present value of a machine is 7,290. If it depreciates by 10% yearly, what was its value 3 years ago? MCQ with Answer and Explanation

The present value of a machine is 7,290. If it depreciates by 10% yearly, what was its value 3 years ago?
A. 9000
B. 10000
C. 12000
D. 11000
Answer: Option B
Solution (By JKSSB Mock Tests)
V_past = 7290 / (0.90)^3 = 7290 / 0.729 = 10000.

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Practice More Percentage Questions

Question #1
To pass need 45%. A student gets 54 marks and fails by 36. Max marks:
A. 220
B. 250
C. 180
D. 200

Correct Answer: Option D


Explanation:
Pass = 90, 45% M = 90 → M = 200.

This question belongs to: Maths Percentage
Question #2
What is 30% of 400 minus 15% of 200?
A. 70
B. 100
C. 90
D. 80

Correct Answer: Option C


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

This question belongs to: Maths Percentage
Question #3
1/8 as percentage is:
A. 12%
B. 12.5%
C. 15%
D. 10%

Correct Answer: Option B


Explanation:
(1/8)×100 = 12.5%.

This question belongs to: Maths Percentage