Question

A Premier League footballer is value £30 million and after a bad season his transfer value depreciates by 20%. His next season is a good one and his transfer value appreciates by 20%. how Find the value of the footballer after his good season.​​

How to work out Sir​​​​

Answer 1

£28.8 Milllion

Explanation:

£30,000,000 × 0.8 = £24,000,000 (Depreciates by 20%)

£24,000,000 × 1.2 = £28,800,000 (Appreciates by 20%)