Question

the price of a scooter depreciates by 2% of its value at the beginning of each year find the sale value of the scooter after three years if its percent cell value is 12000

Answer 1

Answer will be Rs 11294.304

Answer 2

$sale \: value \: of \: scooter \: after \: 3 \: years \: = 12000(1 - \frac{2}{100})^{3} \\ = 12000(1 - \frac{1}{50} )^{3} \\ = 12000( \frac{49}{50} ) ^{3} \\ = 12000 \times \frac{117649}{125000} \\ \frac{1411788}{125} = 11294.304$
I hope you understand answer.

Please mark as brilliant answer