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3,50,000. The value of the car depreciates by 20% in the hrst yearhe price of a car is tat it depreciates by 25%every year What will be the car's value after 3 years? |
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Answer» Car Price = 350000Car price after first year= 350000(1 - 20/100)= 350000(4/5)= 70000*4 = 280000 Car price after second year= 280000(1 - 25/100)= 280000(3/4)= 210000 Car price after third year= 210000(1 - 25/100)= 210000(3/4)= 630000/4= 157500 |
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