Q407
A building worth Rs. 133100 is constructed on land worth Rs. 72900. After how many years will the value of both be the same if land appreciates at 10% p.a. and building depreciates at 10% p.a. ?
A.
B.
2
C.
D.
3
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Let the required time be n years Then,