[tex] \large \{ \overbrace {\underbrace{ \bold {\pmb { \: \: \blue{ QU ESTION } \: \: }}}} \}[/tex]
The price of a scooter depreciates by 2% of its value at the beginning of each year. Find the sale value of the scooter after 3 years , if it’s present sale value is ₹12000.
GIVEN
TO FIND
Formula Used
A = P(1 − r/100)ⁿ
Where,
CALCULATION
Putting the value into the formula
‡ The sale value of the scooter is Rs 11294.3
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Answer:
refer to attachment
hope it will help you ✌️