4. A car is valued at * 4,00,000. If its value
falls at 2.5% per year, what will be its
value after 3 years?
Answers
Step-by-step explanation:
A car is valued at rs. 4,00,000 . If it's value falls at 2.5% per year , what will it's value be after 3 years ?
Present value of the car = Rs 4,00,000
Rate of falling of the value = 2.5%
Value after 3 years = 400000 [1 - 2.5/100]3
= 400000 [39/40]3
= 370743.75
Value of the car after 3 years = Rs 370743.75
Brainly User
Value of the car = Rs 4,00,000
Rate of falling of the value = 2.5%
after 3 years = 400000
➡️ [1 - 2.5/100]3
➡️ 400000 [39/40]3
➡️ 370743.75
Value of the car after 3 years = Rs 370743.75
= 370743.75
Answer: Present value of the car = Rs 4,00,000
Rate of falling of the value = 2.5%
Value after 3 years = 400000 [1 - 2.5/100]3
= 400000 [39/40]3
= 370743.75
Value of the car after 3 years = Rs 370743.75
Step-by-step explanation: