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A car costing Rs. 5,00,000 of a person depreciated at the rate of 15% in the first year, 13% in the second year and so on. House of that person, costing Rs. 7,00,000 appreciated at the rate of 10% in the first year, 12% in the second year and so on. What was the change in total value of car, house at the end of 3 years?
A car costing Rs. 5,00,000 of a person depreciated at the rate of 15% in the first year, 13% in the second year and so on. House of that person, costing Rs. 7,00,000 appreciated at the rate of 10% in the first year, 12% in the second year and so on. What was the change in total value of car, house at the end of 3 years?
Correct Answer – Option 3 : Increase of Rs. 112214