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. 2,10,000
B. Rs. 2,00,000
C. Rs. 1,80,000
D. Rs. 1,90,000
Answer: Option B
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
A 60-litre mixture contains milk and water in the ratio 2:1. How many litres of the mixture should be withdrawn and replaced with water to make the ratio 1:2?
A. 35 L
B. 30 L
C. 25 L
D. 20 L

Correct Answer: Option B


Explanation:
Milk=40 L, water=20 L. Withdraw x L mixture: milk removed = (2/3)x, water removed = (1/3)x. After replacement, milk = 40 - 2x/3, water = 20 - x/3 + x = 20 + 2x/3. Ratio 1:2 → (40 - 2x/3)/(20 + 2x/3) = 1/2 → 2(40 - 2x/3) = 20 + 2x/3 → 80 - 4x/3 = 20 + 2x/3 → 60 = 2x → x = 30.

This question belongs to: Maths Percentage
Question #2
Marked 20% above CP, discount 10%. Profit %:
A. 8%
B. 12%
C. 6%
D. 10%

Correct Answer: Option A


Explanation:
CP=100, MP=120, SP=108, profit 8%.

This question belongs to: Maths Percentage
Question #3
Price decreased by 10% then increased by 10%. Net change is:
A. No change
B. 1% decrease
C. 1% increase
D. 2% decrease

Correct Answer: Option B


Explanation:
0.9 × 1.1 = 0.99, so 1% decrease.

This question belongs to: Maths Percentage