A car was bought in 2013 for 3,00,000. If the
value of the car depreciates by 5% each year,
find its worth in the year 2016. jo na bata paya uski makachoood
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Given :-
Cost of a car in 2013 = 3,00,000
Every year it's price will get down by = 5%
Then :-
5% of 300000 :-
Which means each year, the price of the car depreciates by 15,000 .
The price of the car in 2016 :-
= the price of the car after three years :-
Therefore, the worth of the car in the year 2016 will be = 255,000
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