a new car cost rupees 700000 the car possessed 15% of its value per year what will be the value of car after 2 years
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Answer:
Therefore, the cost of the car after 2 yyrs will be Rs. 4,90,000 ans/-
Step-by-step explanation:
Cost of the car when new = Rs. 7,00,000
Percentage of cost deducted every yr = 15%
Total percentage deducted = 15% + 15%
= 30%
ATQ
30% of Rs. 7,00,000
30/100 × 7,00,000
30 × 7,000
2,10,000
Therefore, the cost of the car after 2 yrs
=> 7,00,000 - ( 30% of 7,00,000 )
=> 7,00,000 - 2,10,000
=> Rs. 4,90,000 ans/-
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