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Aptitude · Q264

Percentage

Competitive Exams · Aptitude · question 264

Q264

The value of a property depreciates every year by 10% of its value at the beginning of the year. The present value of the property is Rs. 8100. What was its value 2 years ago ?

A.
Rs. 10000
Answer
B.
Rs.
C.
Rs.
D.
Rs. 9801

Answer: Option A

Solution

Answer: Option A
Solution:
10% =

⇒ 81 units = Rs. 8100
⇒ 1 unit = Rs. 100
⇒ 100 units = Rs. 10000
⇒ Value of property 2 years ago
⇒ Rs. 10000