The price of a plot increases at constant rate of 20% every year. Find its expected pri
the present price is 190,000.
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Step-by-step explanation:
The present price of plot = 190,000
The present price of plot = 190,000 The increasing percentage is 20%
So,
20% of 190000
=20/100 * 190000
= 38000
The expected price = 190,000+38,000
= 228,000
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