Question

Value of a scooter depreciates in such a way that its value at the end of each year is 3/4th of its value at the beginning of the same year.if initial value of scooter is 40000 what is the value of scooter at the end of 3 years.​

Answer 1

Answer:

As, it is given that , the cost becomes 3/4 at the end of year.

so, after 3 years ,the price of Scooter=40000*3/4*3/4*3/4= Rs.16875

or

40000*3/4=30000

30000*3/4=22500

22500*3/4=16875

or

40000*(3/4)^3=16875