The worth of a car depreciates by 4% every year. If the present worth of a car is Rs. 6,00,000, what is its worth after four years (to the nearest thousands)?
a) Rs. 5,04,000 b) Rs. 5,12,000
c) Rs. 5,10,000 d) Rs. 5,16,000
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Answer:
600000*(0.96)^4= 509607.936
so approx 510000
Explanation:
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