Question

The present value of a scooter is 15360 if it's value depreciated 12.5% every year find it's value after 3 years by brainly.in

Answer 1

Answer: Value of Scooter after 3 Years = 9605.997

Step-by-step explanation:

Value of Brand New scooter is 15360

Value of scooter after 1 year with 12.5% depreciation will be 15360 * 0.125 = 2812.5. There fore the value of Scooter after 1 year will be 15360-2812.5 = 12547

Value of scooter after 2nd year will be 12547 * 0.125 = 1568.375

There fore the value of Scooter after 2nd year will be 12547-1568.375 = 10978.625

Value of scooter after 3rd year will be 10978.625 * 0.125 = 1372.328

There fore the value of Scooter after 3rd year will be 10978.625-1372.328 = 9605.997