The value of an equipment depreciates by 20% each year. If the difference between the prices at the end of 3rd and 4th year is Rs. 3,328, then what is the price of the equipment at the end of the second year?

The value of an equipment depreciates by 20% each year. If the differe

1.	The value of an equipment depreciates by 20% each year. If the difference between the prices at the end of 3rd and 4th year is Rs. 3,328, then what is the price of the equipment at the end of the second year?
A.	Rs. 20,800
B.	Rs. 18,600
C.	Rs. 16,640
D.	Rs. 17,400
Answer» B. Rs. 18,600