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    Question

    The value of A’s car is depreciating by 45% every year

    whereas the value of his house is appreciating by 10% each year as compared to the previous year. If in 2018, the value of his car and house was Rs. 500000 and Rs. 3000000, respectively then find the sum of the values of his car and house together in 2020.
    A Rs. 3781250 Correct Answer Incorrect Answer
    B Rs. 3681250 Correct Answer Incorrect Answer
    C Rs. 3481250 Correct Answer Incorrect Answer
    D Rs. 3381250 Correct Answer Incorrect Answer

    Solution

    Total sum of values = 500000 × 0.55 × 0.55 + 3000000 × 1.1 × 1.1 = 151250 + 3630000 = Rs. 3781250

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