Question
A nano car is bought in 2012 for Rs.17576, if it’s value appreciates annually by 4%, what was its value three years ago?
Answer: Option B
:
B
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B
Price three years ago X×(104100)3 = present price
Price 3 years ago = X = 17576(1.04)3
Price 3 years ago= X = 17576×25×25×2526×26×26 = Rs15625 . Option (2).
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