Three years ago, the value of a flat was Rs. 65,00,000. Its value depreciated at the rate of 5%, 4% and 3% at the end of the first, the second and the third year, respectively. What is its present value?
1
Rs. 59,31,744
2
Rs. 55,72,320
3
Rs. 57,50,160
4
Rs. 53,98,185