1799Civil EngineeringMedium
A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years?
AP 231.56
BP 236.20
CP 212.90
DP 222.67
Correct answer
B. P 236.20
Explanation
The correct answer is P 236.20.