The price of a scooter which was bought for ₹84,000 depreciates at the rate of 10% p.a. Find its price after 2 years?
The price of a scooter which was bought for ₹84,000
Rate =10% p.a. Time = 2 years
Depriciated amount after 2 years $$=P(1-\frac{R}{100})^n$$
$$=84000(1-\frac{10}{100})^2$$
$$=₹ 68040$$
Option B is correct.
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