If a machine depreciates each year at the rate of \(50\%\) of its previous value, was the machine worth less than

This topic has expert replies
Legendary Member
Posts: 2898
Joined: Thu Sep 07, 2017 2:49 pm
Thanked: 6 times
Followed by:5 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

If a machine depreciates each year at the rate of \(50\%\) of its previous value, was the machine worth less than \(\$12,000\) at the end of three years?

(1) The machine’s starting value was more than \(\$95,000.\)

(2) The machine depreciated more than \(\$24,000\) during its second year.

Answer: B

Source: e-GMAT
Source: — Data Sufficiency |