Question

the value of a car deprecate every year at the rate of 8% per annum what will be the value of the car after 3 years if its current value is rupees 120000

plz give the answer step by step.​

Answer 1

Answer:

Here is your answer.

Step-by-step explanation:

Current value of car = Rs 120000

Rate of depreciation= 8%

Time = 3 years

Depreciate value of car in 3 years

= 120000×8×3/100

= Rs 28800

Hence,

value of car after 3 years= current value- Depriciate value = Rs (120000-28800)

=91200

THANK YOU

Answer 2

The answer is 93,442.56

Hope you got it!