Question

17. The value of a car depreciates 12 percent every year.if it's present value is ₹616000 find its value a year ago​

Answer 1

Answer:

700000 Rs

Step-by-step explanation:

Let value a year ago be x Rs

We know the value of the car this year is = 616000 Rs

therefore, x - (12% of x) = 616000 Rs

                 x - (12/100)x = 616000 Rs

                 (100/100)x - (12/100)x = 616000 Rs

                 (88/100)x = 616000 Rs

                  x = (616000 * 100) / 88

                  x = 700000 Rs