Question

2.
The value of scooter depreciates at the rate of 20%
per annum, it was purchased 2 years ago
if its present value is of 40,000. For how much
was it purchased.​

Answer 1

Answer:

62,500 rupees

Step-by-step explanation:

present value is 40000

value depreciation is 20 percent

so40000 is 80 percent value of value in previous year

so last year, scooter's price was 50000

now 50000 is 80 percent of original value

so it's 62500 rupees

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