value of a car depreciation rate of 10% is p.a It was purchased 3 years ago if it's present value is 364500 for how much was it but purchased
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Step-by-step explanation:
car purchased 3 years ago
:.10%amount on rs.364500=364500×10/100=36450Rs.
amount for 3 years=36450×3= 109350
:. total amount of a car =amount for 3 years+ present price of a car
=109350+364500=473850
it means that the purchasing price of a car is Rs.473850
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