Question

The value of a property decreases every year at the rate of 5%. If its present value is `274360, what was its value 3 years ago?​
pls tell I want to submit today

Answer 1

Answer:

3 years ago = 5 × 3 = 15%

so 15% of 274360

=

$\frac{15}{100} \times 274360 \\ \frac{27436 \times 15}{100} = \frac{41154}{10} = 4115.4$

so 274360 + 4115.4 = rs 278475.4