The value of a car depreciates every year by 10%. What will be its value after 3 years if its present value is ₹6,25,000?

₹4,50,000 ₹4,52,250 ₹4,55,625 ₹4,62,500

₹4,55,625

The correct answer is Option (3) → ₹4,55,625