Question

the value of a car depreciates 20%every year.if after 2 years,the price of car is 420000,find the original price of a car

Answer 1

Rate%= 20% ; Amount=420000 ; Time= 2years

A=T(1-R/100)n

420000=P(1-20/100)2

420000=P(80/100*80/100)

P=420000*5*5/4*4

P=656250

Therefore original price = RS 656250

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Answer 2

Step-by-step explanation:

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