The value of a flat worth Rs. 500000 ...

The value of a flat worth Rs. 500000 is depreciating, at the rate of 10% p.a. In how many years will it' value be reduced to Rs. 364500? `3\ y e a r s` b. `4\ y e a r s` c. `5\ y e a r s` d. `6\ y e a r s`

A

3yr

B

4yr

C

3.5yr

D

5yr

Text Solution

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The correct Answer is:

A

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