A bakery purchases a commercial oven for £8 000. In the first year, the value of the oven depreciates by 20%. In the second and third years, the value of the oven depreciates by 10% per year.
Work out the value of the oven at the end of the three years.
163 exam-style questions on Eduqas GCSE Maths Compound Interest and Depreciation. Each one has a worked solution and a mark scheme showing where the marks go.