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Mathematics · Fractions, decimals, approximations and percentages

MathematicsFractions, decimals, approximations and percentagesJAMB

A car bought for ₦4,500,000 loses 20% of its value each year. What is it worth after 2 years?

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Answer: C. ₦2,880,000

4,500,000 × 0.8 × 0.8 = ₦2,880,000.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

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