Question

a car is purchased for rs 360000.its value depreciates at 10% per annum during the first two yaers and at 20% per annum during the third year. what will be its value after 3years

Answer 1

Value of Car after 1 year = 360000+(10%360000)
= 396000
Value of Car after 2 years = 396000+(10%396000)
= 435600
Value of Car after 3 years = 435600+(20%435600)
= 522700

Answer 2

the total value is rs 233280