Question

A car is purchased for rs 348000. Its value depreciates at 10% per annum during the first year and at 20% per annum during the second year. What will be its value after 2 years?

Answer 1

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Its value depreciates at 10% per annum during the first year and at 20% per annum during the second year. What will be its value after 2 years?

Initial value of the car , P = Rs 348000 Rate of depreciation. Then the value of the car after two years is given by Value = P × 1 - p 100 × 1 - q 100 = Rs .

Answer 2

Answer:

Its value depreciates at 10% per annum during the first year and at 20% per annum during the second year. What will be its value after 2 years?

Initial value of the car , P = Rs 348000 Rate of depreciation. Then the value of the car after two years is given by Value = P × 1 - p 100 × 1 - q 100 = Rs ..................