Question

Q.1
The price of a scooter depreciates by Rs 3,000 in first year, and thereafter at the rate of Rs 1,200 per year. If the original price of the scooter was Rs 48,000, find the price of the scooter after 6 years
Sol:-

Answer 1

Year 1: 48,000 - 3,000. Year 2:48,000 - 3,000 - 1,200. Year 6:48,000 - 3,000 - 6(1,200). Therefore the final price is 37800₹