Question

The value of of a property is increasing at the rate of 25% every year.But what percent will the value of the property increase after 3years?​

Answer 1

⠀⠀⠀⠀ ✂ Given...

⠀ ⠀The value of of a property is increasing at the rate of 25% every year...

⠀⠀⠀⠀ ✂ To find...

⠀ ⠀what percent will the value of the property increase after 3years...??

⠀⠀⠀⠀✂ SoLution...

⠀Assume the present value be 100 rs...

After 3 years...

⠀100 ( 1 + 25%) × 3

⠀ 100 ( 1 + 25 / 100 ) × 3

⠀ 100 ( 100 + 25 / 100 )³

⠀ 100 ( 125 / 100 )³

⠀ 100 ( 25 / 20 )³

⠀ 100 ( 5 / 4 )³

⠀12,500 / 64

⠀ 195.31...

Percent = 195.31 - 100

• 95.31 %