the price of a scooter is 55000. it depreciates at the rate of 10%in first year, 15%in second year and 20%in third year. what will be its value after 3 years?
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the price of the scooter after 3 years is 44000
missme:
give full explanation please..!
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the price of a scooter=55000Rs
then,ten percent of price=10÷100×55000=5500(1)year
fifteen percent of price=15÷100×55000=8250(2)year
twenty percent of price =20÷100×55000=11000(3)year
add1+2+3=5500+8250+11000=24750
then the value of scooter after three years =55000-24750=30250Rs.
then,ten percent of price=10÷100×55000=5500(1)year
fifteen percent of price=15÷100×55000=8250(2)year
twenty percent of price =20÷100×55000=11000(3)year
add1+2+3=5500+8250+11000=24750
then the value of scooter after three years =55000-24750=30250Rs.
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