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The value of the land increases …

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The value of the land increases by 16%every year. The present value of the land is 232000. What was the value of the land One Year before

Posted by Ashish Tiwari 5 years, 2 months ago

CBSE > Class 08 > Mathematics

1 answers

Yogita Ingle 5 years, 2 months ago

The value of present = Rs 2,32,000

i) After an year = Rs 2,32,000 + 16% of Rs 2,32,000

= Rs 2,32,000 + 16/100 * Rs 2,32,000

= Rs 2,32,000 + Rs 37,120

= Rs 2,69,120

Hence, the value of land after an year is Rs 2,69,120.

ii) Earlier an year = Rs 2,32,000 - 16% of Rs 2,32,000

= Rs 2,32,000 - 16/100 * Rs 2,32,000

= Rs 2,32,000 - Rs 37,120

= Rs 1,94,880

Hence, the value of the land earlier an year was Rs 1,94,880.

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