The cost of an article goes down every year by 20% of its previous value. find its original cost if the cost it after two years is 19,200 rupees.
Answers
Cost of the article at the end of 2nd year = 19,200/-
Let cost at the beginning of first year be 100.
At the beginning of 2nd year it will be 80/-(i.e. 100 - 20% of 100)
At the beginning of 3rd year = 64/-(80 - 20% of 20)
Thus, an article that costs 100/- will cost 64/- at the 3rd year.
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The cost of article is 19,200/- after 2 years.
Let the original cost be x.
Thus,
Ratio of the original cost = Ratio of cost after 2 yrs.
Thus, the original cost of article was = 30,000/-
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Cost of the article at the end of 2nd year = 19,200/-
Let cost at the beginning of first year be 100.
At the beginning of 2nd year it will be 80/-(i.e. 100 - 20% of 100)
At the beginning of 3rd year = 64/-(80 - 20% of 20)
Thus, an article that costs 100/- will cost 64/- at the 3rd year.
_
The cost of article is 19,200/- after 2 years.
Let the original cost be x.
Thus,
Ratio of the original cost = Ratio of cost after 2 yrs.
Thus, the original cost of article was = 30,000/-
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