heyyy♥️♥️♥️♥️guyssss.............................................................................. The cost of a car was rs. 4,36,000 in january 2005, its value depreciates at the rate of 15 percent in the first year and then at the rate of 10 percent in the subsequent years. Find the value of the car in january 2008................................ pllllllzzzzz..... answer it with an attachment......♥️♥️❣❣
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Step-by-step explanation:
solution,
here, price before 3 years =436000(jan 2005)
and , present price(PP)=?
we know,
price depreciation rate (R)=r1 is 15 %, r2 is 10% and r3 is 10%
so, price in 2006, (p1) =436000×15÷100=65400(436000-65400)=370600
and price in 2007, p(2)=p1×10÷100=37060(370600+37060=333540)
and, p(3) i.e present price =p(2)×10÷100=33354(333540-33354=300186)
hence , present price , =300186 ans.
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