The value of a machine is ₹ 6,250. It decreases by 10%

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The value of a machine is ₹ 6,250. It decreases by 10% during the first year, 20% during the second year and 30% during the third year. What will be the value of the machine after 3 years?

1. ₹ 2,650
2. ₹ 3,050
3. ₹ 3,150
4. ₹ 3,510

Correct Option: C

Using Rule 28,
Required price of the machine

= 6250		1 -	10			1 -	20			1 -	30
			100				100				100

= 6250 ×	90	×	80	×	70	= ₹ 3150
	100		100		100