Given:
In the first year, the car will decrease in value by 25%.
The cost of a car is Rs. 200,000.
To find:
The worth of the car after 1 year.
Solution:
The cost of a car is Rs. 200,000 and in the first year the car will decrease in value by 25%. So, the worth of the car after 1 year is:
[tex]Worth=200000-\dfrac{25}{100}\times 200000[/tex]
[tex]Worth=200000-\dfrac{1}{4}\times 200000[/tex]
[tex]Worth=200000-50000[/tex]
[tex]Worth=150000[/tex]
Therefore, the worth of the car after 1 year is Rs. 150,000.
