Question

1 Rakesh bought a car for 24,50,000. Its value is
depreciating at the rate of 10% p.a, If he wishes to
sell the car after 3 years, how much would it fetch?
(Depreciation means reduction in the value.)​

Answer 1

Answer:2,450

Step-by-step explanation:

Buying rate=2450000

10% of 24,50,000=2,45,000

So first year rate is decreased to 2,45,000

Like wise second year 24,500

Then third year its would be 2,450