The value of a machine is ₹6,250. It decreases by 10% in the first year, 20% in the second year and 30% in the third year. What will be the value of the machine after 3 years?
Answer & explanation
Correct answer: option 2
Actual Value : New Value
-10% 10 : 9
-20% 5 : 4
-30% 10 : 7
500 : 252
ATQ,
500R = 6250 (given)
1R = 12.5
252R = 3150