Question

The cost of a new washing machine is rs 22000. its value depreciates every year at the rate of 20% , what is its depriciated price after 2 years

Answer 1

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M. P=22000rs
Increase in price every year =20%
Price after 2 years =??

=22000*20/100

=4400

=1st year price =22000+4400

=26400rs


Price for 2nd year =26400*20/100

=5280

=26400+5280

=31680rs

So price of washing machine after 2 years is 31680 rs



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Answer 2

Answer:

₹14080

Step-by-step explanation:

M. P=₹22000

decrease% =20%

Price for 1st year =22000*20/100  

                            =4400  

     1st year price =22000-4400  

                             =₹17600  

Price for 2nd year =17600*20/100  

                              =3520  

     2nd year price =17600-3520  

                              =₹14080  

∴ price of washing machine after 2 years = ₹14080

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