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    Question

    The value of A’s car is depreciating by 25% 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. 1550000, respectively then find the sum of the values of his car and house together in 2020.
    A Rs. 2450570 Correct Answer Incorrect Answer
    B Rs. 2550570 Correct Answer Incorrect Answer
    C Rs. 2650570 Correct Answer Incorrect Answer
    D Rs. 2850570 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total sum of values = 900000 × 0.75 × 0.75 + 1550000 × 1.12 × 1.12 = 506250 + 1944320 = Rs. 2450570

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