the value of a care depreciates 20% every year . if after two years the price of a care is rs. 208000. find theoroginal.prise
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Let the original price of the car be Rs x
Depreciation,
R= 20% pa Time period,
n = 2 years
Value of car after depreciation,
A = Rs 2,08,000
Recall the formula,
A = P[1 – (r/100)]n 208000
= x[1 – (20/100)]2
= x[80/100]2
= x[16/25]
Therefore,
x = (208000) × (25/16) = 325000
Hence original price of the car is Rs 3,25,000.
Depreciation,
R= 20% pa Time period,
n = 2 years
Value of car after depreciation,
A = Rs 2,08,000
Recall the formula,
A = P[1 – (r/100)]n 208000
= x[1 – (20/100)]2
= x[80/100]2
= x[16/25]
Therefore,
x = (208000) × (25/16) = 325000
Hence original price of the car is Rs 3,25,000.
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