The value of a furniture set depreciates every year by 5%. If the present value of the furniture is ₹1,20,000, what will be its value after 2 years?
A₹1,08,300
B₹1,08,000
C₹1,10,000
D₹1,09,500
A₹1,08,300
B₹1,08,000
C₹1,10,000
D₹1,09,500
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