the price of a car depricates by 5% every year .If its present value is 1,20,000,what will be its cost after 2years
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Answered by
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hello...
here is your answer..
Original price = 120000
Rate of Dep = 5% P.a.
Depreciation for 2 years = 1,20,000 × 5/100 ×2
= 12000
Cost after 2 years = 120000 - 12000
= 108000
hope it helps
#jerri
here is your answer..
Original price = 120000
Rate of Dep = 5% P.a.
Depreciation for 2 years = 1,20,000 × 5/100 ×2
= 12000
Cost after 2 years = 120000 - 12000
= 108000
hope it helps
#jerri
Priyanshi236:
hlo
hlo... isn't the answer correct
answer is 108300
no
then sorry I can't help.. answer must be 108000
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