A property decreases in value every year at the rate of 6 1/4% of its – McqOptions

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1.	A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?
A.	Rs.25600.24
B.	Rs.32000.50
C.	Rs.18060.36
D.	Rs.18600
Answer» B. Rs.32000.50

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