The value of a bike depreciates at the rate of 25% every year. It was purchased 2 years ago. If its present value is Rs.4500 , its purchase price was
Choose the most appropriate option
A) 8000 B) 7500 C) 7000 D) 6500 E) 6000
Explanation:   = Rs.8000   8000nswer: 8000
<result>A</result>
The value of a bike depreciates at the rate of 25% every year. It was purchased 2 years ago. If its present value is Rs.4500 , its purchase price was