Question

The value of a house decreases every year by 10%. If the value of the house is 24,50,000, find
its value after two years​

Answer 1

Answer: 24500

Step-by-step explanation:

After one year its value will be

2450000×0.1= 245000

Next year the value will be decreased again by ten percent means

245000×0.1=24500

Answer 2

Answer:

19,84,905

Step-by-step explanation:

Value decreases 10% every year.

Value after one year = 24,50,500 - (10% of 24,50,500)

                                    = 24,50,500 - (24,50,500/10)

                                   = 24,50,500 - (2,45,050)

                                    = 22,05,450

Value after 2 years = 22,05,450 - (10% 0f 22,05,450)

                                 = 22,05,450 - (22,05,450/10)

                                = 22,05,450 - (2,20,545)

                                 = 19,84,905