Math, asked by riken02, 4 months ago

the present price of a bike is rs 225000.its price gets depreciated by 8%.by how many years, it's price will reach rs 175204.80?

Answers

Answered by Anonymous

2

Answer:

3 years

Step-by-step explanation:

It is depreciating at a rate of 8%

So, 225000 * (100-8)/100

= 22500 * 92/100

=207000

Because we did not reach 175204.80 we repeat till we get so...

207000 * 92/100

=190440

Again repeat....

190440 * 92/100

=175204.80

We reached there and we multiplied 3 times. So, the ans. is 3 years

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