Question

a car cost £240000. its value depreciates at the rate of 5% every year if after some time period,its value is £205770, find the time period​

Answer 1

Answer:

3 years and 3 months.

Step-by-step explanation:

Let Time Period be T

We know that T=(100×SI)/(R×P)

Here, A=240000, P=205770, SI=34230, R=5%

Thus, T=(100×34230)/(5×205770)

=>3 years and 3 months.

HOPE THIS HELPS YOU BUDDY

KINDLY MARK AS THE BRAINLIEST