Question

a car is purchased for rupees 348000 its value depreciates 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

value after two years = 348000x(90/100)x(80/100)
=348000x 9/10x 8/10
=250560rupees

Answer 2

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