The price of a scooter depreciates by Rs 3,000 in first year, and thereafter at the rate of Rs 1,200 per year. If the original price of the scooter was Rs 48,000, find the price of the scooter after 6 years
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104
After 1 year price = 48,000-3,000 = 45,000.
Remaining years = 5.
For each year, price decreases by 1200.
In 5 years price decrease = 1200×5
=Rs. 6,000.
Final price = 45,000 - 6,000 = 39,000.
Therefore, the price of the scooter after 6 years will be Rs. 39,000.
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Remaining years = 5.
For each year, price decreases by 1200.
In 5 years price decrease = 1200×5
=Rs. 6,000.
Final price = 45,000 - 6,000 = 39,000.
Therefore, the price of the scooter after 6 years will be Rs. 39,000.
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Answer:
price after 1 year=48,000-3000=45000
remaining years=5
price decrease for each year=1200
in 5 years price decrease=1200*5
= ₹ 6000
=45000-6000=3900
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