The value of a property decrease every year at the rate of 5%. If its present value Rs. 4,11,540, what was its value three years ago.
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A] present value = Rs 411540 rate of depreciation = 5% p.a
t = 3 years
R value 3 yrs ago =p(1-1)" 100 ⇒411540=p(1-150)³
⇒411540=p(1950)³ 3
19 ⇒411540-p(¹0)³
20 6859 13 ⇒411540=p(
8000 =R$480000 411540×80000
6859
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