the value of a car decreases annually by 20℅ . if the present value of the car is ₹3, 45,000 , what will be it's value after 2year
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Answer:
annually decrease=20%
according to question
Decrease amount=20% of 345000
=69000
the value of the car decease in 2year=2*69000 =138000
the value of the car after 2yrs=345000-138000
=Rs207000
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