Question

The value of a car decreases annually by 20%. If the present value of the caris 345000.what will be its value after 2 years?

Answer 1

Answer:

2,20,800

Step-by-step explanation:

first year 20%of 345000=69000 reduced

second year car value is 2,76,000

second year 20%of 276000=55,200 is reduced

value of the car after 2years is 2,20,800