The present cost of a house is Rs. 60,000. Its value decreased by 2% every year, then the
cost of the house 3 years ago was
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Answer:
cost of house=60000
principal=60000
rate=2%
time=3yrs
a=(p+r/100)n
a=6000+2/100×3
a=602×3
a= 1806
ci=60000-1806
ci=58194
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