present value of car is rupees 5,85, 000.It was depreciated at the rate of 9 1/3% in the first year,15% in the second year. find the original price of the car.
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Step-by-step explanation:
Price reduced in first yr=
28×585000/300 =54600
Actual price in first yr=585000 - 54600=530400
Now, price reduced in second Yr
530400×15/100=79560
Actual price in second yr=530400-79560=450840
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