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A car costing Rs 1,00,000 depreciates 20% a year. Its value after 2 years?

ARs 80,000
BRs 64,000
CRs 60,000
DRs 66,000
Answer & Solution
Correct answer: B. Rs 64,000
100000 x 0.8 x 0.8 = 64,000.
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