a car was bought in 2013 for Rs 300000 if the value of the car dispreciates 5% each year find its worth in year 2016
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Rate of depreciation =5%
time=3years
Principal=300000
::
As we know
Amount=P(1- rate/100)^n
=300000(1-5/100)^3
=300000(95/100)^3
=3*95*95*95\10
=257212.5
nivedita51:
answer is wrong
Answered by
1
Kha krego mere yrrr answer dekh mojj le zindgi ke
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