The price of a company's car decreases by 20% per year. After three years, the price of the car is ₹32,768. What was the initial price of the car?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹64,000
  2. (B) ₹59,800
  3. (C) ₹67,800
  4. (D) ₹61,200

Verified Answer

Option (A): ₹64,000


Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bfae-d1d5-7ad8-aa7f-f9986d315dca/the-price-of-a-companys-car