Question

The value of a bike decreases annually by 20%. If the present value of the bike be rate1,25,000,what will be its value after two years ?​

Answer 1

Step-by-step explanation:

If the value of bike will decrease 20% so-

20% of 125000

125/100*125000=25000

so after 1 year price would be-125000-25000

=100000

and in 2nd year price would be-

20% of 100000

20000

so price would be-100000-20000

=80000

Answer 2

Answer:

80,000

Step-by-step explanation:

present rate = 1,25,000

rate after 1st year = 1,25,000 - [20% of 1,25,000]

= 1,25,000 - [25,000]

= 1,00,000

rate after 2nd year = 1,00,000 - [20% of 1,00,000]

= 1,00,000 - 20,000

= 80,000

therefore rate after 2 years = rs 80,000