Question

a scooter was brought for rs 48000 the value depreciate at the rate of 5% per annum find its value after three years​

Answer 1

Answer:

After 1st year, value become

$48000 - 48000 \times \frac{5}{100} = \\ 48000 - 2400 = 45600$

after 2 years, value become

$45600 - 45600 \times \frac{5}{100} = \\ 45600 - 2280 = 43320$

after 3 years, value become

$43320 - 43320 \times \frac{5}{100} = \\ 43320 - 2166 = 41154$

so value after 3 years = ₹ 41154

Ans.