Question

A scooter costs Rs. 25000 when it is brand new. At the end of each year its value is only 80% of what it
was at the beginning of the year. What is the value of the scooter at the end of 3 years?​

Answer 1

Original cost = 25000

so 80% of 25000 = 80/100 x 25000

=> 80 x 250

=> 20000

2nd year = 80% of 20000

=> 80 x 200

=> 16000

3rd year = 80% of 16000

=> 80 x 160

Ans=> 12800