Mathematics
The value of a machine depreciates every year at a constant rate. If the values of the machine in 2006 and 2008 are ₹ 25,000 and ₹ 19,360 respectively, then the annual rate of depreciation is:
8%
10%
12%
14%
Related Questions
The present population of a town is 200000. The population will increase by 10% in the first year and 15% in the second year. The population of the town after two years will be:
253000
235000
203500
352000
A machine depreciates at the rate of 12% of its value at the beginning of a year. The machine was purchased for ₹ 10,000 and is sold for ₹ 7,744. The number of years, that the machine was used is:
2
4
6
8