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Q: The price of a product depreciates at the rate of 10% every year. If its present price is `1,50,000 then what will be its cost after three years?
  • A. ` 1,09,250
  • B. ` 1,10,000
  • C. ` 1,15,500
  • D. ` 1, 09,350
Correct Answer: Option D -
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Explanations:

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