Question

The value of a car decrease 20percent annualy. If they present value of the car be ₹450000what will be the value of it after 2 years​

Answer 1

Answer:

Step-by-step explanation:

hi,

present value=x =rs 345000

anually decrease of the value=d=20%

car value after 2 years= present value*(100-d)/100*(100-d)/100

345000*(100-20)/100*(100-20)/100

= 345000*80/100*80/100

= (345000*80*80)/(100*100)

=220,80,00,000/ 10000

= 2,20,800

therefore, value of the car in 2 years= Rs. 2,20,800

i hope this helps you