Question

    The initial value of a car is ₹450000. The value of

    car depreciates by 40 percent of its initial value each year. What will be its value after 2 years?
    A ₹192000 Correct Answer Incorrect Answer
    B ₹154000 Correct Answer Incorrect Answer
    C ₹162000 Correct Answer Incorrect Answer
    D ₹184000 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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