Mathematics · Depreciation
A model predicts that the value of a car depreciates by 8 percent annually. If the car's initial value is Rs. 2,00,000, what is the value of the car after 1 year?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,90,000
- 2Rs. 1,75,000
- 3Rs. 1,84,000✓
- 4Rs. 1,80,000
Correct answer
Rs. 1,84,000
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