Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).
Financial MathematicsSimple and Compound Interest
The price of a printer is Rs 150,000 and it depreciates at 4% annually. What is the price of the printer after 3 years?
- A.Rs 1,32,710Correct answer
- B.Rs 1,38,240
- C.Rs 1,27,100
- D.Rs 1,44,000
Timed quizzes, instant results, track your progress — free
Practice these MCQs in the appQuick fact: The price after 3 years of 4% annual depreciation is Rs 1,32,710.