A scooter is bought for Rs 56,000.its value depreciates at the rate of 10%per annum be its value after 3 years
Answers
Answer:
40824
Step-by-step explanation:
Since:
Value of scooter = 56000
There is 10% decrease in value of Scooter every year
The 10 % of 56000= (10/100) × 56000
= 5600
The value of scooter after one year = 56000 – 5600 = 50400
Similarly,
The 10 % of 50400= (10/100) × 50400= 5040
Hence, the value of scooter after Two years = 50400- 5040= 45360
The 10 % of 45360= (10/100) × 45360= 4536
Hence,
The value of Scooter after three years = 45360 - 4536
= 40824
Answer:
40824
Step-by-step explanation:
Since:
Value of scooter = 56000
There is 10% decrease in value of Scooter every year
The 10 % of 56000= (10/100) × 56000
= 5600
The value of scooter after one year = 56000 – 5600 = 50400
Similarly,
The 10 % of 50400= (10/100) × 50400= 5040
Hence, the value of scooter after Two years = 50400- 5040= 45360
The 10 % of 45360= (10/100) × 45360= 4536
Hence,
The value of Scooter after three years = 45360 - 4536
= 40824