# What will be the Motorbike Value? If

Two years ago, the value of my motorbike was ₹ 62500. If the value depreciates by 4% every year, now its value is

- ₹ 56700
- ₹ 57600
- ₹ 57500
- ₹ 55700

**Answer: (2) Rs.57,600**

**Explanation:-**

According to the question,

The value of my motorbike = Rs.62500

The depreciate by 4%.

Then, the value of motorbike = 62,500 x (100 – 4)/100

= 62,500 x 96/100

= Rs.60,000

Next year, the value of motorbike depreciate by 4%,

Then, the value of motorbike = 60,000 x 96/100

= Rs.57,600

Hence, the answer is (2) Rs.57600.