Question

the value of a property decreases at the rate of 5% every year if the present value is 41150 what was its value three years ago​

Answer 1

A] present value = Rs 411540

rate of depreciation = 5% p.a

t = 3 years

value 3 yrs  ago=p(1−100R)n

⇒411540=p(1−1005)3

⇒411540=p(10095)3

⇒411540=p(2019)3

⇒411540=p(80006859)3

⇒6859411540×80000=Rs480000 

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Answer 2

Answer:

here is your answer

Step-by-step explanation:

answer is 48,000