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    Question

    The value of A’s car is depreciating by 44% every year

    whereas the value of his house is appreciating by 8% each year as compared to the previous year. If in 2018, the value of his car and house was Rs. 690000 and Rs. 2600000, respectively then find the sum of the values of his car and house together in 2020.
    A Rs. 3249024 Correct Answer Incorrect Answer
    B Rs. 3149024 Correct Answer Incorrect Answer
    C Rs. 3349024 Correct Answer Incorrect Answer
    D Rs. 3449024 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total sum of values = 690000 × 0.56 × 0.56 + 2600000 × 1.08 × 1.08 = 216384 + 3032640 = Rs. 3249024

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