Question
Mathematics Question on Applications of Compound Interest Formula
A machine costing ₹ one lakh depreciates at constant rate 10%. Estimated useful life of machine is 8 years.
| Match List I with List IIList I | List II |
|---|---|
| A. | Total depreciation in 2nd and 3rd year is |
| B. | Value of machine after one year is |
| C. | Value of machine after 2 year is |
| D. | Scrap value of machine is : |
| given (1.1)3 - 2.144 & (0.9)3 - 0.4305 | IV. |
| Choose the correct answer from the options given below : |
A
A-II, B-III, C-IV, D-I
B
A-II, B-IV, C-III, D-I
C
A-II, B-IV, C-I, D-III
D
A-II, B-I, C-IV, D-III
Answer
A-II, B-IV, C-I, D-III
Explanation
Solution
The correct option is (C) :A-II, B-IV, C-I, D-III.