New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    The value of A’s car is depreciating by 35% every year

    whereas the value of his house is appreciating by 12% each year as compared to the previous year. If in 2018, the value of his car and house was Rs. 900000 and Rs. 2500000, respectively then find the sum of the values of his car and house together in 2020.
    A Rs. 3516250 Correct Answer Incorrect Answer
    B Rs. 3506250 Correct Answer Incorrect Answer
    C Rs. 3536250 Correct Answer Incorrect Answer
    D Rs. 3546250 Correct Answer Incorrect Answer

    Solution

    Total sum of values = 900000 × 0.65 × 0.65 + 2500000 × 1.12 × 1.12 = 380250 + 3136000 = Rs. 3516250

    Practice Next

    Relevant for Exams: