Mr. kumar bought a car for $5,000 during the first year, it's value depreciated by 20%. what was the value of the car after one year.
4000
To calculate the value of the car after one year with a 20% depreciation:
Step 1: Calculate the depreciation amount
Depreciation amount = Original value of the car * Depreciation rate
Depreciation amount = $5,000 * 0.20
Depreciation amount = $1,000
Step 2: Calculate the value of the car after one year
Value after one year = Original value of the car - Depreciation amount
Value after one year = $5,000 - $1,000
Value after one year = $4,000
Therefore, the value of the car after one year would be $4,000.
well, what is 20% of 5000?
just subtract that.