Value of vehicle at end of each year depreciates at the rate of 3/5th of value at the beginning. If Initial value is 10,000Rs then at the end of three years its value is?
(a) 2600 (b) 2160 (c) 2100 (d) 2400

• option b.
  end of first year:10000*(3/5)=6000
  end of second year:6000*(3/5)=3600
  end of third year:3600*(3/5)=2160
• 11 years agoHelpfull: Yes(2) No(0)