The value of a motorcycle depreciates every year by 4%. What will be its value after 2 years, if its present value is ₹75,000 ?

₹72,000 ₹70,120 ₹69,120 ₹69,000

₹69,120

4% =  \(\frac{1}{25}\) Motorcycle value after 2 years =  \(\frac{24}{25}\) × \(\frac{24}{25}\) × 75000 = Rs. 69120