Present value of a scooter is ₹ 72,000. If its value decreases every year by 10%, then its value before 3 years is equal to:

CA Foundation · Quantitative Aptitude · MTP · May 2026
Present value of a scooter is ₹ 72,000. If its value decreases every year by 10%, then its value before 3 years is equal to:
(A) A. 98,765
(B) B. 90,000
(C) C. 85,000
(D) D. 80,000

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 98,765

Topics: Part-A: Business Mathematics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic