Question

a car which cost rs 250000 depriciates by 10% every year. what will be worth after 3 years

Answer 1

Hey mate !!

Here's your answer !!

Refer to the attachment !!

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Answer 2

Hi.

Good Question...Keep Progressing...

Here is your answer----

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Cost of the Car(Principal) = Rs. 250000
   Rate of decriment (r%) =  10%
    Time(n) = 3 years.

Using the Formula,
           Amount = Principal [ 1 -r%/100]^n
        
            Amount = 250000 [1 - 10/100]^3
       
       Amount   = 250000[(100 -10)/100]^3
 
           Amount  = 250000[90/100]^3
         
           Amount   = 250000[9/10]^3
   
         Amount   = 250000[729/1000]
           
              Amount    = Rs.182250

Thus, A car will worth Rs.182250 after 3 years.

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Hope it helps.

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