a property is increasing at the rate of 25% every year. By what percentcalculate his total profit.The value of a propertywill the value of the property increase after 3 years?
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Answer:
25%=1/4 where 4 is a base value and 1 is a change at the end of year
so,
4------5(4+1)
4------5(4+1)
4------5(4+1)
4X4X4-----5X5X5
64------------125
125-64/64 X100= 61/64 X 100=95.31
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