Rohan bought a car for 560000 the value of car depreciates at the rate 20% what would be the value of car after 3 years
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It will be 224,000/-
krrish13o8:
full explanation
the value of car is 560,000 so take 20% of the cost i.e. 20/100×560000 = 112000 now multiply 112000 by 2 i.e. 112000×2= 224000 now subtract 224000 from 560000 i.e. 560000 - 224000= 336000
sorry it's 112000× 3= 336000. now 560000- 336000= 224000
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