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      Question

      The value of a car depreciates at the rate of 50 percent

      per annum. If its present value is Rs. 75000, then what was the value of the car 3 years ago?Β 
      A Rs. 750000 Correct Answer Incorrect Answer
      B Rs. 450000 Correct Answer Incorrect Answer
      C Rs. 600000 Correct Answer Incorrect Answer
      D Rs. 300000 Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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