Question

a scooter was bought for rs.56000.its value depreciated at the rate of 10%per annum. what will be its value after 3 years?

Answer 1

let the present value is=100
after 3 years the depreciation is =10×3=30
after 3 years the rate will be=100-30=70
now
100------56000
70-----56000×70/100
------39200
after 3 years the rate will be 39200 rs

Answer 2

It's value after three years is ₹39200