The value of a car decreases annually by 20%. If the present value of the car be ₹ 450000, what will be it's value after 2 years.
Answers
Answered by
8
Present value of the car= Rs 450000
Rate of depreciation= 20% p.a.
Therefore, value of the car after 2 years
=Rs{450000×(1-20/100)}
=Rs{450000×80/100}
=Rs 360000
DONE✌✌
Rate of depreciation= 20% p.a.
Therefore, value of the car after 2 years
=Rs{450000×(1-20/100)}
=Rs{450000×80/100}
=Rs 360000
DONE✌✌
undertaker484:
answer is 288000
Similar questions