alia purchased a car two years ago for rs 4,00,000 if its value falls by 2% every what is the value of the car today
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Step-by-step explanation:
Given: Principal (P) = Initial price of car = Rs.4,00,000, Rate of Interest (R) = fall in rate = 2.5% and Number of years (n) = 3year
As Amount (A) = Population after two years:
(it is case of fall hence negative)
⇒ A = Rs 370743.75
Rate of car after 3 years will be = Rs 370743.75
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