If the value of a car gets depreciated by 20% per year, estimated value at the end of five year is _____, if its present value is ₹ 24,000.

CA Foundation · Quantitative Aptitude · MTP · April 2025
If the value of a car gets depreciated by 20% per year, estimated value at the end of five year is _____, if its present value is ₹ 24,000.
(A) A. 7864.32
(B) B. 7684.23
(C) C. 8764.32
(D) D. 6789.32

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 7864.32

Topics: Part-A: Business Mathematics

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