The value of furniture depreciates by 10% a year, if the present value of the furniture in an office is ₹ 21870, calculate the value of furniture 3…

CA Foundation · Quantitative Aptitude · RTP · May 2026
The value of furniture depreciates by 10% a year, if the present value of the furniture in an office is ₹ 21870, calculate the value of furniture 3 years ago:
(A) A. ₹ 30,000
(B) B. ₹ 40,000
(C) C. ₹ 35,000
(D) D. ₹ 50,000

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 30,000

Topics: Part-A: Business Mathematics

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