Question

*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​

Answer 1

Answer:

it's option (3) 4.05 lakh

Step-by-step explanation:

value of car when purchased is 5,00,000

after 1 year it's value was

=5,00,000-(5,00,000x10%)

=5,00,000-50,000

=4,50,000

after an another year

=4,50,000-(4,50,000x10%)

=4,50,000-45,000

=4,05,000

I hope it will help you