Question

Sent cost of a car is ₹ 3,82,725. If its value has depreciated at the rate
5% per annum, what was its cost 3 years ago ? Also, find the total
depreciation

Answer 1

Answer:₹446392.6

Step-by-step explanation:

Let the cp of the car 3 years ago be x.

A.T.Q

382725=x*(1-5/100)³

382725=x*(19/20)³

382725=x*19*19*19/20*20*20

382725*8000/6859=x

₹446391.6=x