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1. |
A piece of equipment cost a certain factory6,00,000. If it depreciates in value, 15% the first year, 13.5% the next year, 12% the third year, and so on, what will be its value at the end of 10 years, all percentages applying to the original cost? |
A. | s. 2,00,000 |
B. | s. 1,05,000 |
C. | s. 4,05,000 |
D. | s. 6,50,000 |
Answer» C. s. 4,05,000 | |