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The price of motor cycle depreciates eve...

The price of motor cycle depreciates every year by 10%. If the value of the motor cycle after 3 years will be Rs. 36450, then what is the present value (in Rs.) of the motor cycle?

A

45000

B

50000

C

48000

D

51000

Text Solution

Verified by Experts

The correct Answer is:
B
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