7.
The price of a scooter depreciates by 3,000 in first
year, and thereafter at the rate of 1,200 per year. If
the original price of the scooter was 48,000, find the
price of the scooter after 6 years.
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Answer:
After 1 year price = 48,000-3,000 = 45,000.
Remaining years = 5.
For each year, price decreases by 1200.
In 5 years price decrease = 1200×5
=Rs. 6,000.
Final price = 45,000 - 6,000 = 39,000.
Therefore, the price of the scooter after 6 years will be Rs. 39,000.
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