The value of a scooter depreciates in such a way that its value at the end of each year is 3/4 of its value at the beginning of the same year. If the initial value of the scooter is Rs. 40.000. what is its value at the end of 3 years ?
A. 23125
B. 16875
C. 13435
D. 19000
Answer : B. 16875
Explanation:
40,000 * 3/4 * 3/4 * 3/4 = 16875
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