Multiple choice general knowledge math & puzzles

If an automobile depreciates by 25% of its original value each year, and a new car was bought for Rs.16,000, what will be its worth after 5 years?

  1. rs 12000

  2. rs 4000

  3. rs 3796.88

  4. rs 12550

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Each year, the car retains 75% (100% - 25%) of its value. After 5 years: Value = 16000 × (0.75)^5 = 16000 × 0.2373 ≈ 3796.88. This compounds the depreciation annually.