Question

-The price of a motorcar is 2.56.000. If there is an yearly depreciation of 2.5% in its price, what will be the price of the car after 3 years?


please reply as soon as possible​

Answer 1

Step-by-step explanation:

price of motor car = 2,56,000

loss on rate per year = 2.5%

3 year loss = 2.5%×3=7.5%

loss in car price = 2,56,000×7.5%=2,56,000×75/1000

=256×75=19200Rs

3 year loss = 19200

Now rate of car = 256000-19200

= 236800 Rs