Question

Teena bought a car for 4,36,000 at the end
of 2011. Its value depreciates at the rate of 15%
each year. She sold her car at the end of 2014.
At what price did she sell her car?​

Answer 1

Answer:

Rs.31920

Step-by-step explanation:

Rate depreciates each yr.=15%

,, ,, after 3 yr.=15%×3=45% (As, time between 2011-2014 is 3yr.)

SP of the car=45600-(45600×45%)=31920

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