The value of a scooter depreciates in such a way that its value of the end of each year is 3/4 of its value of the beginning of the same year. If the initial value of the scooter is Rs.40,000, what is the value at the end of 4 years ? Choose the correct choice from the following answers
A) 3277 B) 2977 C) 12656 D) 6077 E) 17112

Rationale: "explanation : 40,000 * ( 3 / 4 ) ^ 4 answer : c"
Answer: C