Question

Farooq bought a new scooter for ₹17500.After one year its value decreased by 15% what is it value after 1 year

Answer 1

15% of 17500 = 0.15 x 17500 = 2625

Price after decreased = 17500 - 2625 = 14875

Answer: The value after 1 year is ₹14875

Answer 2

Solution :-

Price of the scooter = Rs. 17500

Rate of depreciation = 15 % per annum

Depreciation for 1 year = (17500*15)/100

⇒ 262500/100

Depreciation = Rs. 2625

Value after 1 year = 17500 - 2625

= Rs. 14875

So, the value of scooter after 1 year is Rs. 14875

Answer.