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 3 years,if its present sale value is 12000 rupees
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let the value was 100
since it depreciates by 2% each year.
so after 3 years it's value will be
if it's present value is 100, then it's old value was 94.12
if it's present value is 1, then it's old value was 100/94.12.
if it's present value is 12000, then it's old value is
ram071987:
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