The value of scooter is ₹ 100,000. Find its value after 7 years if rate of depreciation is 10% p.a.

CA Foundation · Quantitative Aptitude · MTP · May 2026
The value of scooter is ₹ 100,000. Find its value after 7 years if rate of depreciation is 10% p.a.
(A) A. ₹ 40000
(B) B. ₹ 47830
(C) C. ₹ 42,079
(D) D. ₹ 42,000

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹ 47830

Topics: Part-A: Business Mathematics

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