Explanation
Value after 5 years =15025×(1−(20100)5)
=15025×0.32768=Rs.4923.39
Given that
Original value of the scooter =Rs.14000
Rate of depreciation =2%
The value of the scooter after 4 years
=14000×(1−2100)4
=14000×(0.98)4
=14000×0.92236816
=12913.154
Thus, the value of the scooter after 4 years =Rs12913.154
Hence, this is the answer.
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