Question

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

Answer 1

Answer:

Price of car after 2 years is ₹2,88,000/-

The Answer is ₹2,88,000

Step-by-step explanation:

After the first year the price of car is decrease by 20%

So car price is 80%

After 2nd year its price decrease by 20%

So , 20% of 80% = 16%

When we substract 16% from 80% we get 64%

So ager 2 year price of car is 64% of its original price

100% = ₹4,50,000

64% = (4,50,000 / 100 ) × 64

64% = ₹2,88,000. Ans...

Price of car after 2 years is ₹2,88,000/-