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A flower vase costs ₹ 36,00036,000. With an annual depreciation of ₹ 2,0002,000, its cost will be ₹ 6,0006,000 in _____ years.

Solution

✅ Correct Option: 2

We are given:

  • Initial cost = ₹36,000
    • Annual depreciation = ₹2,000
    • Final cost = ₹6,000

Number of years =Initial cost−Final costAnnual depreciation=36000−60002000=300002000=15= \frac{\text{Initial cost} - \text{Final cost}}{\text{Annual depreciation}} = \frac{36000 - 6000}{2000} = \frac{30000}{2000} = 15

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