The price of a car depreciates in the first year by 25% in the second year by 20% in third year by 15% and so on. The final price of the car after 3 years, if the present cost of the car is Rs. 10,00,000 :
A. 7,80,000
B. 1,70,000
C. 6,90,000
D. 5,10,000
Answer: Option D
Solution(By Examveda Team)
Price after third depreciation, 100 ==25%↓ ==> 75 == 20%↓==>60 == 15% ↓ ==> 51 The price will be, = Rs. 5,10,000 Alternatively : 1000000 × 0.75 × 0.80 × 0.85= Rs. 5,10,000
This Question Belongs to Arithmetic Ability >> Percentage
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