The price of a car depreciates in the first year by 25% in the second year by 20% in third year by 15% and so on. The final price of the car after 3 years, if the present cost of the car is Rs. 10,00,000 :
  • 17,80,000
  • 21,70,000
  • 36,90,000
  • 45,10,000
Answer:- 1
Explanation:-

Solution:
Price after third depreciation,
100 ==25%↓ ==> 75 == 20%↓==>60 == 15% ↓ ==> 51.
The price will be,
= Rs. 5, 10, 000.

Alternatively :

1000000*0.75*0.80*0.85 = Rs. 5, 10, 000.

Post your Comments

Your comments will be displayed only after manual approval.

Test
Classes
E-Book