The value of a plant depreciates by 10 % annually. If the present value of the plant is Rs. 100000, then what will be its value after 2 years?
Correct Answer: D. Rs. 81000 Explanation: Value after 2 Years = Rs[100000 × (1 – 10/100)2] = Rs (100000 × 0.9 × 0.9) = Rs 81000
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