The value of a machine depreciates at 10% per annum. If its present value is Rs. 64,800, what was its value 2 years ago? MCQ with Answer and Explanation

The value of a machine depreciates at 10% per annum. If its present value is Rs. 64,800, what was its value 2 years ago?
A. Rs. 90,000
B. Rs. 75,000
C. Rs. 85,000
D. Rs. 80,000
Answer: Option D
Solution (By JKSSB Mock Tests)
Value 2 yrs ago = 64800 / (0.9×0.9) = 64800/0.81 = 80,000.

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Practice More Percentage Questions

Question #1
A man spends 70% of his income. If he saves Rs. 3000, what is his total income?
A. 9000
B. 12000
C. 8000
D. 10000

Correct Answer: Option D


Explanation:
Savings = 100% - 70% = 30%. 30% of Income = 3000. Income = 3000 * (100 / 30) = 10000.

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Question #2
A shopkeeper sells an article at 20% profit. If bought at 20% less and sold for Rs. 10 less, gain would be 25%. Find CP.
A. Rs. 45
B. Rs. 55
C. Rs. 40
D. Rs. 50

Correct Answer: Option D


Explanation:
CP = x, SP = 1.2x. New CP = 0.8x, new SP = 1.2x - 10. New SP = 1.25×0.8x = x. So 1.2x - 10 = x → 0.2x = 10 → x = 50.

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Question #3
If 40% of a number is 80, the number is:
A. 250
B. 150
C. 100
D. 200

Correct Answer: Option D


Explanation:
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