The value of a car depreciates annually by 10% in the present value of the car be rupees 650000 find its value after 2 years
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Answer:
1st= 650000×10/100×1
=6500×10
=65000
=650000-65000
=585000 is 1st year value
2nd=585000×10/100×1
=5850×10
=58500
=585000-58500
=52650 is 2nd year value
hope this helps you...
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