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CBSE Class 7 Answered

the present cost of a car is 350000. what will be the cost of car after 2 years, if the cost of it decreases annually by 15%?
Asked by ankitsoni6667 | 25 Dec, 2018, 03:13: PM
answered-by-expert Expert Answer
According to the question,
 
P = Rs. 350000, n = 2 yrs, rate 15% decreases yearly
A = P(1 - r/100)2
A = begin mathsize 16px style 350000 open parentheses 1 minus 15 over 100 close parentheses squared equals Rs. space 252875 end style
The cost of car after 2 years will be Rs. 252875.
Answered by Sneha shidid | 26 Dec, 2018, 09:39: AM

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