1.

(2) Rehana purchased a scooter in the year 2015 for 260000. If its value follby 20% every year what will be the price of scooter after 2 years ?its value flsSolution: P 60000AAmount obtained after two years

Answer»

Initial amount = 60,000 falling rate per year = 20% decrement of amount in 1st year =20 % of 60,000= 20 × 60,000/100 = 20 × 600 = 12,000 now, rest amount = 60,000 - 12,000 = 48,000

decrement of amount in 2nd year = 20% of 48,000 = 20 × 48,000/100 = 20 × 480 = 9,600 now, rest amount = 48,000 - 9,600 = 38,400 Rs

hence, price of scooter after two years = 38,400 Rs.

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