Question

The value of a furniture set depreciates every year by 5%. If the present value of the furniture is ₹1,20,000, what will be its value after 2 years?

• A. ₹1,08,300
• B. ₹1,08,000
• C. ₹1,10,000
• D. ₹1,09,500

Answer 1

Answer:

A. ₹1,08,300