the price of a car depriciates 5% every year.if its present value is Rs 150000 what will be its cost after three years?
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deprication 5%
Cost of car 150000
depricates of value of car after one year 5% of 150000
5÷100×150000
7500
so its value depricates after 1 year= 150000- 7500
=142500
deprication of value after 2 years = 5% of 142500
5÷100×142500
7125
142500_ 7125
135375
Cost of car 150000
depricates of value of car after one year 5% of 150000
5÷100×150000
7500
so its value depricates after 1 year= 150000- 7500
=142500
deprication of value after 2 years = 5% of 142500
5÷100×142500
7125
142500_ 7125
135375
amsavarthini:
but the answer is Rs 12660.63
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