the value of a car depreciates every year by 20 % . find out the value after 2 years if its present value is rs 350000 Question the value of a car depreciates every year by 20 % . find out the value after 2 years if its present value is rs 350000 in progress 0 Math Ella 2 weeks 2021-09-07T13:41:51+00:00 2021-09-07T13:41:51+00:00 2 Answers 0 views 0

## Answers ( )

QUESTION:-

## the value of a car depreciates every year by 20 % . find out the value after 2 years if its present value is rs 350000

ANSWER :-

## rs 224000

## QUESTION:-

➙ the value of a car depreciates every year by 20 % . find out the value after 2 years if its present value is rs 350000

## ANSWER :-

➙ rs 224000

## STEP BY STEP SOLUTION:-

Present value of the car =

rs 350000Decrease in the value of the car after 1 year

➙ 20% of rs 350000

➙ rs 20/100 × 350000 =

rs 70000• Depreciated value of the car after 1 year

= rs (350000 – 70000) =

rs 280000Decrease in the value of the car after 2 years

➙ 20% of rs 280000

➙ rs 20/100 x 280000 =

rs 56000• Depreciated value of the car after 2 years

= rs (280000 – 56000) =

rs 224000