21. The value of a car reduces by 20% every year. If the value of a ne

1.	21. The value of a car reduces by 20% every year. If the value of a new car is 350000, find its value after 2 years
Answer» After one year =20 percent * 350000 =20/100 350000 =70000 Now subtract 70000 from 350000 =350000-70000 =280000 After two years Again =20 percent 280000 =20/100*280000 =56000 Now subtract 56000 from 280000 =280000-56000 =224000

21. The value of a car reduces by 20% every year. If the value of a new car is 350000, find its value after 2 years

Answer»

After one year

=20 percent * 350000

=20/100 *350000

=70000

Now subtract 70000 from 350000

=350000-70000

=280000

After two years

Again

=20 percent * 280000

=20/100*280000

=56000

Now subtract 56000 from 280000

=280000-56000

=224000