Arithmeticmedium · Past Paper
The value of a car depreciates from Rs. 5,00,000 to Rs. 4,00,000 in 1 year. Find the rate of depreciation.
A10%
B20%
C25%
D15%
✓ Correct Answer: B — 20%
400000 = 500000(1 - R/100) => 0.8 = 1 - R/100 => R = 20%.
Share this question
More from Arithmetic
- Sub-triplicate ratio of 8:27 is:
- A man buys oranges at 3 for Rs. 10 and sells them at 2 for Rs. 9. Find his gain percentage.
- A sum of money at CI amounts to Rs. 4624 in 2 years and Rs. 4913 in 3 years. Find the sum.
- In a map, 2 cm represents 1000 km. What is the actual distance if the map distance is 5 cm?
- Profit is always equal to ____.