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Vivek purchase a plot of land for 12500 after 1 year due to recession the value of his land fell by 5% in the second year in the second year the value increased by 8% and by 12% in the third year find the value of land after 3 yearsWARNING ⚠ PLEASE ANSWER THE QUESTION IF YOU KNOW THE ANSWER IF YOUR ANSWER IS IRRILATIVE I'LL REPORT THAT ANSWER |
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Answer» Step-by-step explanation: Given:-Vivek purchase a plot of LAND for 12500 after 1 year due to recession the value of his land fell by 5% in the second year in the second year the value increased by 8% and by 12% in the third year. To find:-find the value of land after 3 years Solution:-Cost price of a plot of a land purchased by Vivek = Rs.12500 Reduced PERCENTAGE of the land after 1 year = 5% of the cost if the land =>5%×12500 =>(5/100)×12500 =>12500×5/100 =>125×5 =>625 Rs.625 is recession the value of the land The value of the land after one year =12500-625 => Rs. 11875 After second year the value of the land is increased by 8% =>The increased value of the land after 2 ND year =>11875×8% =>11875×8/100 =>95000/100 =>950 The value of land after 2 nd year = 11875+950= Rs. 12825 The increased value of the land after third year=12% The increased value of the land = 12% of 12825 =>12825×12/100 =>153900/100 =>1539 The value of the land after third year =>12825+1539=14364 Answer:-The FINAL value of the land after 3 years = Rs. 14364 |
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