Question

Rohan bought a second hand car for Rs95000 . after using the car for two years he sold it out. The cost of the car depreciated by 20% in the first year and by 15 % in the second year . what did Rohan get for the car?

Answer 1

C. P. of car = Rs. 95000

Therefore, price of car after 1st year
= 95000 * 20/100
= Rs. 19000

Price after second year
= 19000 * 15/100
= Rs. 2850