RRB Assistant Loco Pilot and Technician Model Paper 10 with solutions

Question : 32 of 75

Marks: +1, -0

A motor cycle costs ₹ 40,000 when its is brand new. At the end of each year it is worth 4/5 of what it was at the beginning of the year. What is the motor cycle worth when it is 3 years old?

₹16,000
₹25,600
₹20,480
₹ 24,820

Validate

Solution:

Price at the end of 1st year
= 40000 ×

4/5

= 32000
Price at the end of 2nd year
= 32000 ×

4/5

= 25600
∴ Price at the end of 3rd year
= 25600 ×

4/5

= 20480

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