*The price of the car reduces by 10% every year .If the priceof the car purchased in 2014 is Rs 5 lakh,What wll be the price of the car after 2 year?*
1️⃣ Rs 4 lakh
2️⃣ Rs 4.5 lakh
3️⃣ Rs 4.05 lakh
4️⃣ Rs 4.1 lakh
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ppresent price = 500000
rate decreases = 10%
price after 2 years
500000 × (1-10/100) × ( 1-10/100)
500000 × ( 90/100) × (90/100)
= ₹ 405000
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