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Airida [17]
4 years ago
9

A car brought for 13000 deprecitates at 15 percent per year find value of car after 5 years

Mathematics
1 answer:
Nesterboy [21]4 years ago
4 0

the value of the car will be 3250 after 5 years

Step-by-step explanation:

the value of the car = 13000

rate of interest = 15%

time = 5 years

in 5 years the car will depreciates  = 13000 X 15% X 5

=\frac{13000 X 15 X 5}{100}

= 9750

after 5 years the value of the car is = 13000 - 9750 = 3250

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Let the amount he would have spent without the sales be x. Now, if there is a 65% discount, what this means is that he is exactly paying for 100 - 65% = 35%

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