Question

The present cost of a car is 350000. What will be the cost of car after 2 years, if the co it decreases annually by 15%?​

Answer 1

Answer:

it will be decreased up to 297500

Answer 2

Answer:

Step-by-step explanation:

present cost of the car=35000

cost of the car after first year=85% of 35000

i will explain this

it is said that each  year,the price dereases by 15% of the current value

so the new cost will be=35000-15% of 35000

35000-(15/100)×35000⇒ 35000-5250=29750

so Rs.29750 is the cost after first year.

now the cost of second year will be the cost which is 85% of first year cost(that is,29750) or we can say the cost of the second year is that value which has been decreased to from the first year by 15%.

so cost of second year=29750-15% of 29750

29750-(15/100)×29750⇒ 29750-4462.50=25287.50

so the cost after 3 years =Rs.25287.50

hope this helps you my friend

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