the value is a car depreciates every year by 10%. if its presence value is Rupees 540000 what was its value last year.
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Value of the car this year = Rs 540,000
Depreciation = 10%
Find the value of the car in percentage this year (relative to last year):
Value of the car = 100 - 10 = 90%
Find the value of the car last year:
Value of the car this year = 90%
Value of the car this year = Rs 540,000
90% = Rs 540,000
1% = 540,000 ÷ 90 = Rs 6000
100% = 6000 x 100 = Rs 600,000
Answer: The value of the car last year is Rs 600,000
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