The present price of a car is ₹3,3750.every year the price decreased by 4% .Find the price of the car after 4 years
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Given:-
Present price of a car=Rs.33,750
4% of the price reduces every year.
To find:-
Price of the car after 4 years.
Solution:-
Present price of the car=Rs.33750.
Price decreased every year =4%
Price decreased first year=33750-4% of 33750
=33750- x 33750
=33750-1350
=Rs.32400
Second year:-
32400-*32400
=32400-1296
=31104
Third year:-
=31104-*31104
=31104-1243.52
=29860.48
Fourth year
=29860.48-x29860.48
=29860.48-1194.4192
=Rs.28666.06
Therefore the price of the car after 4 years is 28666.06
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