A car costing ₹2,20,000 depreciates at 5% per annum compounded annually. What will be its value (in ₹) after 2 years?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 1,98,550
2. (B) 1,80,500
3. (C) 1,75,000
4. (D) 1,85,500

Verified Answer

Option (A): 1,98,550

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