Question

rohit bought a car for 300000.its value is depreciating at a rate of 8% per annum.if he was sell the car after 4 years.how much would it fetch​

Answer 1

Answer:

Hey guy..!!

Gud evening..

$Depreciated\: amount = p(1 - \frac{r}{100} ) {}^{n}$

$300000(1 - \frac{8}{100} ) {}^{4}$

$300000 \times \frac{23}{25} \times \frac{23}{25} \times \frac{23}{25} \times \frac{23}{25}$

$= 214917.888$

It will fetch ₹214917.888

Brainliest please..