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

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MCQ Practice

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 ?

Subject: MathematicsTopic: Percentage

A

Rs. 10000

B

Rs. ((90)/(11))^2 times 100

C

Rs. ((100)/(101))^2 times 8100

D

Rs. 9801

Correct Answer: A

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