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?  Answers
A) 25600.24	B) 25600.28	C) 25600.243	D) 25600.21	E) 25600.23
6 1/4% = 1/16   x *15/16 * 15/16 * 15/16 = 21093   x = 25600.24   25600.24nswer: 25600.24
<result>A</result>
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?