The value of a property decreases every year at
the rate 4%. If its value at the end of 3 years is
* 4,42,368, what was the original value at the
begining of these 3 years?
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Step-by-step explanation:
Price at beginning be x
rate is decreasing so, (1-r/100)%
=1-4/100
=24/25
In 3 successive years = x×24/25×24/25×24/25=442368
By solving this you ll get the ans.= 5,00,000
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