the value of a car which was purchased 3 year ago depreciates at 20% per annum is the present value is 89600 for how much value was it purchased
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P=?
R=20%
t=3 years
present value =89600
formula of p= S.I.×100/r×t
=89600×100/ 20/100×3
=597333
= The value of the car was 597333
R=20%
t=3 years
present value =89600
formula of p= S.I.×100/r×t
=89600×100/ 20/100×3
=597333
= The value of the car was 597333
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this answer is wrong try by using methof of depreciation
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the value of the car is 597333
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