A bike is purchased for Rs. 1,20,000. If the value of the bike depreciates by 18% in the first year and the value of the bike depreciates by 7% in the second year, find its value after two years.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) Rs. 98,230
- (B) Rs. 90,340
- (C) Rs. 91,512
- (D) Rs. 89,450
Verified Answer
Option (C): Rs. 91,512
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