Question

the value of a car decrease annually by 20% if the present value of the car before 450000 what will be its value after 2 years

Answer 1

Let the present value be 100%
Next year it will be 80%
And after 2 year be 64%
If 100%=450000₹
1%=4500
64%=64*4500=288000

Answer 2

Let the present value be 100%
Next year it will be 80%
And after 2 year be 64%
If 100%=450000₹
1%=4500
64%=64*4500=288000