Depreciation
Depreciation is a Aptitude concept from the MPSC syllabus, tested in 2 past MPSC questions (2024). Below are those real questions with their correct answers and explanations.
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Real questions that test this
शहराची लोकसंख्या दरवर्षी 5% वाढते. जर सध्याची लोकसंख्या 9261 असेल तर 3 वर्षांपूर्वीची लोकसंख्या ______ होती.
1)5700
2)6000
3)7500
4)8000✓ Correct
Using the population growth formula P = P0(1 + r/100)ⁿ, where present population P = 9261 and r = 5%, working backwards for 3 years gives 9261 / (1.05)³ = 8000.