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Value of a scooter depriciates 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 the initial value of scooter is 40,000, what is the value of the scooter at the end of 3 years.
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a) 23125
b) 19000
c) 13435
d) 16875
percentages
asked
Nov 1, 2013
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Campusgate
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value of the scooter at the end of the year = $40000 \times {\left( {\frac{3}{4}} \right)^3}$ = 16875
answered
Nov 1, 2013
by
Campusgate
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