Question : A mobile phone was bought for INR 25,000. The value of that mobile phone depreciates by 5% per annum due to its use. The value of the mobile phone after 2 years is:

Option 1: INR 22,562.50

Option 2: INR 23,842.50

Option 3: INR 21,546.50

Option 4: INR 24,800.50

Question : A two-wheeler depreciates by 20% of its value every year. If the present value of the same is Rs. 90,000, its depreciated value would be Rs. 36,864 after:

Option 1: 6 years

Option 2: 5 years

Option 3: 4 years

Option 4: 3 years

Question : What is the maturity value of Rs. 7416 at the end of 3 years at 8.33% simple interest?

Option 1: Rs. 10400

Option 2: Rs. 9270

Option 3: Rs. 9990

Option 4: Rs. 8840

Question : A man saves Rs. 2000 at the end of each year and invests the money at 5% compound interest. At the end of 3 years, he will have:

Option 1: Rs. 4305

Option 2: Rs. 6305

Option 3: Rs. 4205

Option 4: Rs. 2205

Question : Rahul and Raman started a business by investing Rs. 16,000 and Rs. 12,000 respectively. After 4 months, Rahul left the business and Mohan joined the business by investing Rs. 20,000. At the end of the year, there was a profit of Rs. 46,000. What will be the share of Mohan in the profit?

Option 1: Rs. 28,700

Option 2: Rs. 20,000

Option 3: Rs. 36,800

Option 4: Rs. 23,400