The value of a taxi depreciates 20% every year. If after two years the price of a taxi is
rs. 208000, find its original price
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Answer:
257920
Step-by-step explanation:
To solve this question first multiply 208000 by 20/100 to get 20% of 208000
Then add the 20% to 208000 (A)
Then multiply the above value with 20/100 to get 20% of the value of taxi1 yr ago
then add the 20% calculated above with (A)
That's it then you should get 257920 which is the original price of the taxi
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