Question

the value of a scooter depreciates in such a way that its value at the end of each years is Âľ of its value at the beginning of the same year. if the initial value of the scooter is rs.40,000. what is its value at the end of 3 years? a) 23125 b) 17000 c) 13435 d) 16875

Answer 1

value of the scooter at the end of the year =  40000×(3/4)^3  = 16875

Answer 2

Answer:

16875

Step-by-step explanation:

The value of a scooter depreciates in such a way that its value at the end of each years is $\frac{3}{4}$ of its value at the beginning of the same year.

Initial value = 40000

Time = 3 years

Value at end of 1 year = $\frac{3}{4}(40000)=30000$

Value at end of 2 year = $\frac{3}{4}(30000)=22500$

Value at end of 3 year = $\frac{3}{4}(22500)=16875$

So, Option D is true

Hence its value at the end of 3 years is 16875