Mathematics
The cost of a car, purchased 2 years ago, depreciates at the rate of 20% every year.If its present value is ₹ 2,52,480, find:
(i) its purchase price.
(ii) its value after 1 year.
Related Questions
A sum of ₹ 16,000, invested at simple interest, amounts to ₹ 22,400 in 4 years at a certain rate of interest. If the same sum of money is invested for 2 years at the same rate of interest, compounded p.a., find the compound interest earned.
If the amounts of two consecutive years on a sum of money are in the ratio 20 : 21, find the rate of interest.
If x2 + y2 = 37 and xy = 6; find :
(i) x + y
(ii) x - y
(iii) x2 - y2