Question

Aamir purchased a bike for₹85000.If the value of bike decreases by 5 p.c.p.a every year.find the value of the bike after 3 years

Answer 1

Answer:

72 876,875‬

Step-by-step explanation:

$Cost = Initial cost * (1 - \frac{5}{100} )^{period} = 85 000 * 0,95^{3} = 72876,75$