A car was bought for â¹625000.Its value depreciates at the rate of 8% per annum .Find its value after 2 years.
Answers
Answered by
4
hiii friend
here is your answer
current amount =rs.625000
rate =-8%
time =2 years
amount =p×(1 -r%/100)
=625000×92/100
=6250×92
=575000
so, the amount after 2years be rs.575000/-
glad to help you
hope it helps
thank you.
here is your answer
current amount =rs.625000
rate =-8%
time =2 years
amount =p×(1 -r%/100)
=625000×92/100
=6250×92
=575000
so, the amount after 2years be rs.575000/-
glad to help you
hope it helps
thank you.
Similar questions