Question

the value of a ear depriciats at the rate of 10% per year if its present value is 65000 what will be its value after 3 years

Answer 1

Answer:

₹47385

Step-by-step explanation:

Principal=65000

Time=3 years

Rate of interest =10

In compound interest

Amount=P(1-R)T

Amount =65000(1 - 10/100)3

A=65000*9/10*9/10*9/10

A=47385

Thus amount after three years will be ₹47385