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the value of a car decreases annually by 20% if the present value of the car is rupees 345000 what will be its value after 2 years |
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Answer» Explanation: Present value of the car ( x ) = Rs3,45,000 Annually decrease of the value = d = 20% Car VALUEAFTER 2 years = present value × ( 100 - d)/100 × (100 - d )/100 = 345000× ( 100 - 20 )/100× ( 100 - 20 )/100 = ( 345000 × 80 × 80)/ ( 100 × 100 ) = RS 2, 20,800 Value of the CAT after 2 years = Rs 2,20,800 I hope this helps you. |
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