the price of a house is Rs 676000.if the price increase every year by 4%then 2 years back the price of the house was
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price of house is rupees 676000.
annual increasing rate is 4%.
let it price two years ago be x.
therefore,
67 6000 = x (1+4/100)^2
=> x = rupees 625000
so,
the price of House 2 years ago is equal to 625 000
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