The value of the land increases by 16% every year. The present value of the land is * 2,32,000
(a) What will be the vlaue of the land after a year? (b) What was the value of the land a year earlier
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Step-by-step explanation:
a) 232000+16% of 232000
232000+(16×232000)/100
232000 ( 1+ 16/100). { took 232000 common out}
232000(116/100)
2320×116
269120 rs
likewise for ques 2,
232000 - 16% of 232000,
you will get the value of land the earlier year.
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