The value of a washing machine depriciates every year by 12% . What will be its value after 2 years , if its present value is ₹60000
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since the value of washing machine decrease 20% every year.thus, after 2 years it would be 2*12 that is 24%. so after 2 yrs it's value would be 24% less than former . Eventually.
Step-by-step explanation:
60,000 *24/100= 14,400
by subtracting from former value,
60,000-14,400 = 45,600
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