The value of a car depreciates 20 every year. If after two years the price of a car is Rs 2,08,000, find its original price.
Let original price be x Rs
∴ After one year =80% of x
=(4x5)Rs.
∴ After one more year =80% of 4x5
=(16x25)Rs.
∴16x25=208000 Rs ...............(after two years the price of a car is 208000 Rs. )
∴x=208000×2516=325000 Rs
Original price is 325000Rs.