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Civil Engineering · Q66

Engineering Economics

Engineering and GATE · Civil Engineering · question 66

Q66

A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?

A.
P 222.67
B.
P 212.90
C.
P 236.20
Answer
D.
P 231.56

Answer: Option C

Solution

Answer: Option C
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