Three years ago, the value of car was Rs. 2,50,000. If the value depreciates by 6% every year, its value now is:

Correct option is B

Final Value = Initial Value  × $$(\frac{100- Deprecating \,percentage}{100})^n$$​​

Final Value  = 250000× $$[(100-6)/100]^3$$​​

Final Value = Rs. 2,07,646