the present price of a car is Rs.33750. every year the price decreases by 4%. Find the orice of the car after 4 years
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Let present price of a car (p)=₹33750
decrease rate (R)=4%
price of car after 4years=p×(1+R/100)^n
=33750(1-4/100)^4
=33750(96/100)^4
=33750(24/25)^4
=33750×331776/390625
=270×331776/3125
=89579520/3125
=₹28665.446
=₹28665.45
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