Question

The present price of
20,00,000. If its price reduces by 10%
annually after how many years
its price will be rupees 14,58,000​

Answer 1

Answer:

3 years

Step-by-step explanation:

20,00,000 × 10/100 = 2,00,000

20,00,000-2,00,000= 18,00,000 i.e, 1 year

18,00,000 × 10/100 = 1,80,000

18,00,000 - 1,80,000 = 16,20,000 i.e, 2 years

16,20,000 × 10/100 = 1,62,000

1,62,000 - 1,62,000 = 14,58,000 i.e, 3 years