Q. The value of a machine depreciates by 20% every year. If its present value is ₹64,000, its value after two years will be:
✅ Correct Answer: (A)
₹40,960
Explanation: Value = 64000 × 0.8 × 0.8 = ₹40,960.
Explanation by: Mr. Dubey
Value = 64000 × 0.8 × 0.8 = ₹40,960.