Question

The cost price of a car is Rs.8,00,000/- If the value of the car depreciates by
10% on the original value every year, then find out its value after 3 years.

Answer 1

Answer:

Value after three years Rs 583200

Step-by-step explanation:

After one year Rs.7,20,000

After second year Rs. Rs 648000

After third year Rs.583200

Answer 2

Answer:

583200

Step-by-step explanation:

in 1st year cost reduces by 10 %

so 10% of 8,00,000=80,000

cp after 1 year=8,00,000-80,000=7,20,000

in 2 nd year cost reduces by 10% again

10% of 7,20,000=72,000

cp after 2 nd year=7,20,000-72,000

=648000

in 3 rd year cost reduces by 10%

10% of 648000=64800

co after 3 rd year=583200