A car is valued at Rs 400000. if its value falls at 2.5% per year what will its value be after 3 years?
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Sol:
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
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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
hope it helps you
mark as brainliest
adi403:
thanks! but it is very hard ans
Answered by
8
I hope it will help you
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