A machine is depreciated at the rate of 15% on the reducing balance. The original cost of machine was ₹ 2,00,000. In approximately how many years,…

CA Foundation · Quantitative Aptitude · PYQS · September 2025
A machine is depreciated at the rate of 15% on the reducing balance. The original cost of machine was ₹ 2,00,000. In approximately how many years, the value of machine was ₹ 54,000? (Given: 0.85 4 = 0.522)
(A) A. 9
(B) B. 6
(C) C. 8
(D) D. 7

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. 8

Topics: Part-A: Business Mathematics

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