Allied & ICAR Exam Bank • ALLIED_2233 NAT • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A machine depreciates at 20% per annum. If it depreciates by Rs 3,200 in its second year, the initial purchase price in rupees was:

Answer Key:

20000

Step-by-Step Solution & Explanation

Depreciation in year 2 $= V_0 \times 0.80 \times 0.20 = 0.16 V_0 = 3200 \implies V_0 = 20000$ rupees.
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