the value of property decreases every year at the rate 4% . if its value at the end of 3 years is 442368, what was the original value at the beginning of these 3 year
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Answer:
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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