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the value of a scooter depreciates by 15% every year. if its present value is rupees 31025, what was its value a year ago
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Answered by
21
Step-by-step explanation:
ANSWER
1) Let the value of the scooter before 1 year be Rs.x
Then according to question =x−
100
15
×x=31025
=85x=3102500
=x=Rs.36500
So, the value of the scooter before 1 year =Rs.36500
2) Let the initial price be Rs.100
Then as price is reduced by 10%
Therefore new price =100−10% of100
=Rs.90
Now the difference in prices =Rs.10
Therefore,Percentage increase =
90
10
×100
=11.11% (approx)
Answered by
23
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