Nalanda can't appreciate annually by 10% the present value of the car is 650000 find its value after 2 years
Answers
Answered by
1
By simple method , we have ,
Present value = ₹ 650000
Decrease in first year = 10% = 10% of 650000=10/100*650000=₹65000
So,value after first year = ₹650000-65000=₹585000
Decrease in second year = 10% = 10% of 585000 = ₹58500
Value after second year = 585000 - 58500 = ₹526500
Answer : Hence , the car's value of two years is ₹526500
Similar questions