Question

    The value of A’s car is depreciating by 33% every year

    whereas the value of his house is appreciating by 11% each year as compared to the previous year. If in 2018, the value of his car and house was Rs. 660000 and Rs. 8000000, respectively then find the sum of the values of his car and house together in 2020.
    A Rs. 10153074 Correct Answer Incorrect Answer
    B Rs. 10053074 Correct Answer Incorrect Answer
    C Rs. 10253074 Correct Answer Incorrect Answer
    D Rs. 10553074 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total sum of values = 660000 × 0.67 × 0.67 + 8000000 × 1.11 × 1.11 = 296274 + 9856800 = Rs. 10153074

    Practice Next