The value of a property depreciates every year by 10% of its value at the beginn

Question

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 ?

Options:

A . Rs. 10000

B . Rs. $${\left( {\frac{{90}}{{11}}} \right)^2} \times 100$$

C . Rs. $${\left( {\frac{{100}}{{101}}} \right)^2} \times 8100$$

D . Rs. 9801

Answer: Option A

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