JIPMAT 2021Arithmetic > Conceptual30%33%35%40%✅ Correct Option: 4Related questions:The value of a flat worth ₹500,000 is depreciating at the rate of 10% per annum. In how many years will the value be reduced to ₹364,500?A train starts full of passengers. At the first station, it drops one third of passengers and takes 280 more. At the second station, it drops one half of the new total and takes 12 more. On arriving at the third station, it is found to have 248 passengers. The number of passengers in the beginning wasA man pays 40 times the annual rent to purchase a building. The rate % per annum he derives from his investment is