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    In April 2019, Dinesh purchased a new car for Rs. 7,00,000 and sold it in April 2022 at its depreciated cost. If the rate of depreciation in the first
    Question

    In April 2019, Dinesh purchased a new car for Rs. 7,00,000 and sold it in April 2022 at its depreciated cost. If the rate of depreciation in the first year is 20%, 15% in the second year and 10% every year thereafter, what amount of money will Dinesh get as the selling price?

    A.

    Rs. 4,28,400

    B.

    Rs. 4,28,600

    C.

    Rs. 4,68,400

    D.

    Rs. 5,28,400

    Correct option is A

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