The cost of a car,purchased 2 years ago, depreciates at the rate of 20% every year. If its present worth is rupees 315600,find :(i) its purchase price (ii) its value after 3 years
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Keeping that in view We have Value of the car presently = Rs 315600.Since it is. The cost of a car, purchased 2 years ago, depreciates at the rate of 20% every year. If it's present worth is ₹ 315600, find
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