Cost price of the item is $2500, in the year end it will be 4/5, after 3 yrs what will be the cost?

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Chanchal Gaud

  • Sep 19th, 2006
 

after 1 year
2500*4/5=2000
after 2 year
2000*4/5=1600
after 3 year
1600*4/5=1280

0r for three years price will be of 4/5*4/5*4/5
as 2500*4/5*4/5*4/5=1280

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Aswath

  • Apr 6th, 2017
 

Ans : $1280
cost = $2500 at end of 1 year 4/5= (2500*4/5) = $2000
cost = $2000 at end of 2 year 4/5= (2000*4/5) = $1600
cost = $1600 at end of 3 year 4/5= (1600*4/5) = $1280

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