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Depreciation applicable to an equipment is 20%. Value of the equipment 3 years from now will be

2808Medium DSSSB TGT Computer Science 0 replies 1 views
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Depreciation applicable to an equipment is 20%. Value of the equipment 3 years from now will be

  • A47.6%
  • B51.2%
  • C40%
  • D60%
Correct answer: B

Explanation

Value after 3 years = (0.8)^3 = 0.512, i.e. 51.2% of the present value.
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