Vidyalelo
Aptitude · Q32

Interest

Competitive Exams · Aptitude · question 32

Q32

There is a decrease of 10% yearly on an article. If this article was bought 3 years ago and present cost is Rs. 5,832 then what was the cost of article at buying time?

A.
Rs. 7,200
B.
Rs. 7,862
C.
Rs. 8,000
Answer
D.
Rs. 8,500

Answer: Option C

Solution

Answer: Option C
Solution:

Where A = Value of goods after n years
P = Initial Price
R = Rate of depriciation