| Q.10 | A man P purchased a land for ₹4,32,000 on the outskirts of a city. Due to some reason, its value depreciated at 25% per annum and he sold it to Q after 2 years. At this time, the city expanded and new projects of infrastructures started coming up. As a result of the expansion, there was an appreciation of real estate prices at the rate of 50%. What would be the value (in ₹) of the land after 2 years, from the time Q bought the land from P? | |
| Ans | 1. ₹6,05,070 | |
| 2. ₹5,57,450 | ||
| 3. ₹5,46,750 | ||
| 4. ₹5,76,450 |
Correct Ans: 3
