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?  Choose the correct choice from the following choices.
A) 25600.24  B) 25600.28  C) 25600.26  D) 25600.22  E) 25600.21
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?