A. scooter is bought at Rs 56000.Its value depreciates at the rate of 10% per annum.What will be its value after 3 years?
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Answered by
63
given,
initial value of scooter=P= rs.56000
rate=R= 10%
time=N=3 years
value=P*1-R100n. = rs.56000*1-101003
⇒rs.56000*100-101003
⇒ rs.56000*901003=rs.56000*9103=rs.56000*910*910*910=rs.56*9*9*9
⇒rs.40824
so,its value after 3 years will be 40824 rs.
initial value of scooter=P= rs.56000
rate=R= 10%
time=N=3 years
value=P*1-R100n. = rs.56000*1-101003
⇒rs.56000*100-101003
⇒ rs.56000*901003=rs.56000*9103=rs.56000*910*910*910=rs.56*9*9*9
⇒rs.40824
so,its value after 3 years will be 40824 rs.
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37
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