the price of scooter depreciates at the rate of 20% in the first year ,15% in the second year and 10% afterwards,what will be the value of scooter now costing RS 25000 after 3 years?
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Cost of scooter now = 25000
depreciation values are 20% after 1st year
15% after 2nd year
10% after 3rd year
so we have remaining value of scooter at the end of 1st year be
100 - 20 = 80%
at the end of 2nd year 100 - 15 = 85
at the end of 3rd year 100 - 10 = 90
so value after 3 years be let x
x = 25000 * 80/100 * 85/100 * 90/100
x = 15300
value after 3 years be 15300
alheafatima:
its ans is 13500
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Answer:
Value after 3 years be 15300
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