The value of a motorcycle depreciates every year by 4%. What will be its value after 2 years, if its present value is Rs.75,000?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e Rs.69,120
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Understanding Tricks |
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Application 75,000 = 100% So = 75000/100 × 96/100 × 96 = 69120 |