Question

25. The value of a car decreases annually by 20%. If the present value of the car be 3450000,
what will be its value after 2 years?
coon what​

Answer 1

Value after 2 years will be =
3450000* (1-20/100)^2
= 3450000* 0.8* 0.8
=2208000

Answer 2

Answer:

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1) The value of a car decreases annually by 20%. If the present value of the car be 3450000,

value of a car decreases annually by 20%. If the present value of the car be 3450000,what will be its value after 2 years?

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Present value of the car ( x ) = Rs3,45,0000

Annually decrease of the value = d = 20%

Car valueafter 2 years

= present value × ( 100 - d)/100 × (100 - d )/100

= 3450000× ( 100 - 20 )/100× ( 100 - 20 )/100

= ( 345000 × 80 × 80)/ ( 100 × 100 )

= Rs 2, 20,8000

Value of the cat after 2 years = Rs 2,20,8000