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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Calculate the annualized cost for an initial cost of ₹5,00,00,000 at an interest rate of 7% over 8 years.
💡 Hint: Remember to identify your initial cost, interest rate, and duration.
Question 2
Easy
What is the salvage value for a machine costing ₹1,00,00,000 assuming it depreciates to 10%?
💡 Hint: Find 10% of the initial cost.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the formula to calculate annualized cost from an initial cost?
💡 Hint: Break it down into parts and remember the inputs needed.
Question 2
True or False: The salvage value increases our annual operational costs.
💡 Hint: Think about how salvage value is used in calculations.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A bulldozer costs ₹60,00,000 with a lifespan of 15 years at an interest rate of 7%. What’s the annualized cost?
💡 Hint: Use the formula step-by-step to isolate annualized result.
Question 2
Given total annual operational costs of ₹2500/hour, calculate the effect of a 10% decrease in maintenance costs.
💡 Hint: Consider the new total cost after adjusting for the percentage decrease.
Challenge and get performance evaluation