Question

The value of a property decreases every year at the rate of 5%. If it's present value is Rs 411540 what was its value three years ago

Answer 1

Hy...
Friend.....

Here your answer.


Value of property decrease every year = 5%
Present value = 411540
Original value= x

According to question:-
411540 = x* (100-5)/100 (formula)
411540 = x* 95/100
x = 411540*100/95 (transversal property)

x = 433200 (value 1year ago)

Now value for 2 year ago:-
(putting principle as 433200)
433200 = x*(100-5)/100
(as it is given in question decrease 5%)

433200 = x*95/100
x = 433200*100/95
x = 456000 (value 2 years ago)

Now value for 3 years ago (putting principle as 456000)

456000 = x*(100-5)/100

456000 = x*95/100

x = 456000*100/95

x = 480000 ANS.


I hope it willhelp you!!


Thankyou