DATE Maths, assessment comportat interest Amit porchased a bike for 25000 the value of the bike depiciates at 15% pa what will be its value after 3 years
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Questions :-
• Amit porchased a bike for 25000 the value of the bike depiciates at 15% pa what will be its value after 3 years.
Given :-
• A bike for Rs.25000 depiciates at 15% per annum.
To find :-
• What will be there value after 3 years.
Solution :-
It's given :
• Price = Rs.25000
• Depiction = 15%
• Time = 3 years.
★ Value after 3 years :
⇒25000 - 5% of 25000
⇒25000 - 5/100 × 25000
⇒25000 - 5 × 250
⇒25000 - 1250
⇒23750
Therefore, the value of the bike after 3 years will be Rs.23750
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