The value of a car is depreciating at 5%per year and is ₹3,15,875 after 2 years .What was its original price.
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Answer:
The original price of car is = 348252
Step-by-step explanation:
before 2nd year car price was 331668
because depreciate by 5%.
price = 315875 + 5% = 331668
before 1st year(when buying a car) car price was 348252
because depreciate by 5%.
price = 331668 + 5% = 348252
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