A machine costing ₹3,00,000 depreciates at 20% p.a. on the reducing balance method. Its value after 3 years is

CA Foundation · Quantitative Aptitude · MTP · September 2026
A machine costing ₹3,00,000 depreciates at 20% p.a. on the reducing balance method. Its value after 3 years is
(A) A. ₹1,53,600
(B) B. ₹1,63,600
(C) C. ₹1,73,600
(D) D. ₹1,83,600

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹1,53,600

Topics: Part-A: Business Mathematics

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