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 ?
Answers
Answered by
3
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
Answered by
1
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
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