The price of a car depreciates at a rate of 15% per year. If its present value is Rs. 2,16,750, what was its value 2 years ago? MCQ with Answer and Explanation

The price of a car depreciates at a rate of 15% per year. If its present value is Rs. 2,16,750, what was its value 2 years ago?

A. Rs. 2,80,000

B. Rs. 3,20,000

C. Rs. 3,00,000

D. Rs. 3,50,000

Answer: Option C

Value 2 yrs ago = 216750 / (0.85×0.85) = 216750/0.7225 = 300000.

This question belongs to: Maths Percentage

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Question #1 Report Error

If 25% of A = 35% of B = 70, then A + B = ?

A. 460

B. 380

C. 480

D. 420

Correct Answer: Option C

Explanation:
A = 70/0.25 = 280, B = 70/0.35 = 200, sum = 480.

This question belongs to: Maths Percentage

Question #2 Report Error

What is 20% more than 350?

A. 430

B. 420

C. 400

D. 410

Correct Answer: Option B

Explanation:
350 × 1.2 = 420.

This question belongs to: Maths Percentage

Question #3 Report Error

A student scored 72 marks out of 120. What is his percentage?

A. 70%

B. 65%

C. 60%

D. 55%

Correct Answer: Option C

Explanation:
Percentage = (72/120) × 100 = 60%.

This question belongs to: Maths Percentage