The value of a property depreciates at 10% per year. If its value after 2 years is Rs. 1,62,000, what was its original value? MCQ with Answer and Explanation

The value of a property depreciates at 10% per year. If its value after 2 years is Rs. 1,62,000, what was its original value?
A. Rs. 2,00,000
B. Rs. 2,10,000
C. Rs. 1,80,000
D. Rs. 1,90,000
Answer: Option A
Solution (By JKSSB Mock Tests)
Original × 0.9 × 0.9 = 162000 → Original = 162000/0.81 = 200000.

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Practice More Percentage Questions

Question #1
The ratio of the number of boys to girls in a school is 5:3. If 20% of the boys and 25% of the girls are scholarship holders, what percent of the total students do not hold a scholarship?
A. 80%
B. 78%
C. 82.5%
D. 78.125%

Correct Answer: Option D


Explanation:
Total = 5k+3k=8k. Scholarship boys=0.2×5k=k, girls=0.25×3k=0.75k, total scholarship=1.75k. Scholarship % = (1.75k/8k)×100 = 21.875%, so without = 78.125%.

This question belongs to: Maths Percentage
Question #2
If the numerator of a fraction is increased by 20% and its denominator is decreased by 10%, the fraction becomes 3/5. Find the original fraction.
A. 9/20
B. 7/15
C. 2/5
D. 4/7

Correct Answer: Option A


Explanation:
Let original = N/D. (1.2N)/(0.9D) = (4/3)(N/D) = 3/5 → N/D = (3/5)×(3/4) = 9/20.

This question belongs to: Maths Percentage
Question #3
Ratio 3:5, first part expressed as percentage of total is:
A. 40%
B. 30%
C. 50%
D. 37.5%

Correct Answer: Option D


Explanation:
First part = 3/(3+5) × 100 = 37.5%.

This question belongs to: Maths Percentage