the value of a car depreciates by 10% every year if the present value is rupees 40000 then find the price of car after 2 years
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Answer:
Price After two year =4,20,000
let price after one year =x
x
x−420,000
×100=20
x=
4
5
×420,000
x=525,000
let price (original ) =y
y
y−525,000
×100=20
y=
4
5
×525,000
y=656,250
Step-by-step explanation:
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