Question

The value of the land increases by 16% every year. The present value of the land is is rs. 2,32,000.

a) what will be the value of the land after a year?

b) what was the value of the land a year earlier?
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Answer 1

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present value: 232000

a) value of the land next year:

16/100*232000 = 37120

= 232000 + 37120 = 269120

b) value of the land a year earlier

232000 - 37120 = 194880

hope it helps u

Answer 2

Joya G answer check kr li jiye....