Question

Ragahav bought a second hand car for 95,000 after using the car for two year he sold it out . The cost of the car deprecated by 20%0in the first year and by 15%in the second year. What amount did Raghav get for the car

Answer 1

in first year a car gets depreciated by 20% it means we have to deduct the 20% amount from the original rs.. it is 95000-20/100=76000 in first year.. n in second year 76000-15/100=64600