Question

rehana purchased a scooter in the year 2015 for Rs 60,000 .if it's value by 20% every year what will be the price of scooter after two years

Answer 1

In first year
the price would be 60,000+20/100 ×60,000
=72,000
in second year
72,000+20/100 ×72,000
=₹86,000