The cost of a car is ?175000. If it's value depreciates at the rate of 20% per annum, what will be the value of a car after 3 years ? Also, find the total amount of depreciation.
The value of the car after 3 years will be = 89,600 rupees. The total amount of depreciation = 85,600 rupees
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Khushi Shukul answered this
Here is your answer
0
Natwar Choudhary answered this
Cp of car = 175000 Rate of deprecation = 20 % p.a Time = 3 years Cost of car after 3 years =175000(1- 20/100)^3 = 175000?4/5 ? 4/5?4/5 = 89600 Total amount of deprecation = 175000 - 89600 = 85400
