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? Options: A . &nbsp13456 B . &nbsp15625 C . &nbsp14565 D . &nbspnone of these E . &nbspRs. 221970

Answer: Option B : B Price three years ago X × ( 104 100 ) 3 = present price Price 3 years ago = X = 17576 ( 1.04 ) 3 Price 3 years ago= X = 17576 × 25 × 25 × 25 26 × 26 × 26 = Rs15625 . Option (2).

A nano car is bought in 2012 for Rs.17576, if it’s value appreciates annu

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
Price three years ago

X \times (\frac{104}{100})^{3}

= present price
Price 3 years ago = X =

\frac{17576}{(1.04)^{3}}

Price 3 years ago= X =

\frac{17576 \times 25 \times 25 \times 25}{26 \times 26 \times 26}

= Rs15625 . Option (2).

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