Sunil purchased a house worth `Rs.10` lakhs and Ayush purchased a car worth `Rs.16` lakhs. The value of the house every

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Q 2217123080.     Sunil purchased a house worth `Rs.10` lakhs and Ayush purchased a car worth `Rs.16` lakhs. The value of the house every year increased by `20%` of the previous value and the value of the car every year depreciates by `25%`. What is the difference between the price of the house and car after `3` years?
IBPS-PO 2017 Mock Mains
A

Rs. 925000

B

Rs. 1053000

C

Remains constant

D

Can’t be determined

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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