Present value of a scooter is ₹7,290 if its value decreases every year by 10% then its value before 3 years is equal to:

CA Foundation · Quantitative Aptitude · MTP · June 2024
Present value of a scooter is ₹7,290 if its value decreases every year by 10% then its value before 3 years is equal to:
(A) A. 10,000
(B) B. 10,500
(C) C. 20,000
(D) D. 20,5000

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 10,000

Topics: Part-A: Business Mathematics

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