Question

The cost of a car was Rs 350000 on january 2018. if the rate of depreciation is 15% for the first year and 10% for the subsequent years, find the value of car after 3year . also,find the total depreciation in the value of the car.

you will be reported for nonsence type solution.​

Answer 1

Answer:

The answer is 2,55,150

Step-by-step explanation:

Given ⇒ Principal (P)=Rs350000

Rate (R)=10%

Time (T)=3 years

The worth of car after 3 years will be,

350000(1−

100

10

)

3

=350000×

10

9

×

10

9

×

10

9

=Rs. 255150

So, the price of the car after 3 years will be equal to Rs. 2,55,150