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Madhu purchased a bike in the year 2024 at the cost of Rs.78,000. It depreciates in value, 10% the first year, 9.5% the next year, 9% the third year and so on, with all the percentages applied on the original cost of the bike. What will be its value in the year 2029 ?
Correct Answer: (d)
Official keyThis question appeared in the APPSC Prelims 2024 examination (Aptitude (Group-I)). It is Question 16 out of 386 questions in this paper. Section: General Mental Ability, Administrative and Psychological Abilities.
This question was part of the APPSC Prelims 2024 (Aptitude (Group-I)). The APPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all APPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.