Q: The value of a machine depreciates every year by 5%. If the present value of the machine be ₹100,000, its value after 3 years will be nearly
(a)₹95,198
(b)₹90,376
(c)₹87,556
(d)₹85,738
Correct Answer: (d)
The correct answer is (a) '₹95,198'. This question from the General Studies domain tests knowledge of Miscellaneous.