the value of the car decreases annually by 20% .if the present value of the car is Rs. 3,45,000, what will be its value after 2 years?
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Answered by
194
Hi,
Present value of the car ( x ) = Rs3,45,000
Annually decrease of the value = d = 20%
Car valueafter 2 years
= present value × ( 100 - d)/100 × (100 - d )/100
= 345000× ( 100 - 20 )/100× ( 100 - 20 )/100
= ( 345000 × 80 × 80)/ ( 100 × 100 )
= Rs 2, 20,800
Value of the cat after 2 years = Rs 2,20,800
I hope this helps you.
:)
Present value of the car ( x ) = Rs3,45,000
Annually decrease of the value = d = 20%
Car valueafter 2 years
= present value × ( 100 - d)/100 × (100 - d )/100
= 345000× ( 100 - 20 )/100× ( 100 - 20 )/100
= ( 345000 × 80 × 80)/ ( 100 × 100 )
= Rs 2, 20,800
Value of the cat after 2 years = Rs 2,20,800
I hope this helps you.
:)
Answered by
60
I hope this answer helps you
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