Question

A scooter is brought for 32000. It's value depreciate at 10% per annum. what will be it's value after 2 years

Answer 1

its value after 2 years = 25920

Answer 2

Value of the scooter after two years =
$32000 \times (1 - 10 \div 100) \times (1 - 10 \div 100) = 25920$