Question

the price of a scooter is a rupees 55000 . it is a desperate at the rate of 10% in the first year 15% in a second year and 20% in third year what will the value of scooter be after 3 years

Answer 1

The price of scooter=rs55000
Then in first year desperate %=10
10/100×55000
=5500
Then,remaining=55000-5500=49500

In second year=15/100×49500
=7425
Remaining=49500-7245
=42255

In third year=20/100×42255
=8451
Remaining =42255-8451=rs 33804