Question

18. A scooter was bought at 42,000. Its value depreciated at the rate of 8% per annum. Find its value after two years.

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Answer 1

scooter bought= 42000

rate=8%

value after 2 years=?

now,

value after 2 years= 42000/100*8

= 420*8

therefore, answer is 3360

Answer 2

Please find the attached photograph for your answer.