Question

The value of a motor cycle 2 years ago was ₹ 70,000. It depreciates at the rate of 4% p.a. Find its present value.

A 65312 Correct Answer Incorrect Answer
B 64312 Correct Answer Incorrect Answer
C 64512 Correct Answer Incorrect Answer
D 65412 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is C

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