Question

A car depreciated by 25% during the first year. If the car were purchased for 28000 what is the car worth at the end of the first year

Answer 1

Value of car after 1 year = ₹{28000×(1-25/100)}

= ₹ {28000× 3/4}

= ₹7000×3

= ₹21000

(✷‿✷) Hence , ₹21000 is the car worth at the end of the first year....(✷‿✷)