Question

The cost of a car
of a car purchased 2 year ago, depreciates at
of 20%year. If its present value is
3,15,600; Find
i)its valu after 2year from present
ii) its value, when it was purchased a
years ago



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Answer 1

Step-by-step explanation:

let the original price be x

time 2 years

rate 20%

current price 315600

the depreciation was of 20 % so the value was 80% of the original value

x * 80/100 * 80/100 = 315600

x = 315600*25 / 16

x = 493125

purchase price is 493125

Answer 2

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