The value of a laptop depreciates at the rate of 30% every year. It was purchased 2 years ago. If its present value is Rs. 3430, its purchase price was	Choose the most appropriate option: A) 6000 B) 6500 C) 7000 D) 7500 E) 8000
Explanation:   = Rs.7000   Answer: 7000
<result>C</result>
The value of a laptop depreciates at the rate of 30% every year. It was purchased 2 years ago. If its present value is Rs. 3430, its purchase price was