Rahul purchased a two wheeler for 62000 its value is depreciating at the rate of 10% p.a. find its value after 2 years
Answers
Answered by
5
Answer:
HOPE IT HELPS
Step-by-step explanation:
Answer:
Value after 2 years=P(1-r/100)^n
=62000(1-10/100)^2
=62000×(90/100)^2
=62000×90×90/100×100
=620×81
THEREFORE=50220
Similar questions