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
AnswerB.
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