Question

Rohan purchased a scooter in the year 2015 for Rs 80000.Its value falls by 20% every year .What will be the price of scooter after 2 years?​

Answer 1

Answer:

Rs 38,400

Explanation:

initial amount = 60,000

falling rate per year = 20%

decrement of amount in 1st year =20 % of 60,000

= 20 × 60,000/100 = 20 × 600 = 12,000

now, rest amount = 60,000 - 12,000

= 48,000

decrement of amount in 2nd year = 20% of 48,000

= 20 × 48,000/100 = 20 × 480

= 9,600

now, rest amount = 48,000 - 9,600

= 38,400 Rs

hence, price of scooter after two years = 38,400 Rs.