Three years ago, the value of a flat was ₹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?

A

₹59,31,744

B

₹55,72,320

C

₹57,50,160

D

₹53,98,185