The value of the car decreases annually by 20% .if the present value of the car is rs.45,0000, what will be its value after 2 years?
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Step-by-step explanation:
present value= 450000
rate of decrement=20%
20% of 450000=20/100 x 450000=90000
for 2 yrs= 90000 x 2 = 180000
The value after 2 yrs is 450000-180000
=270000
The market value will be Rs270000
Mrk as brainlist
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