Pritam bought a plot of land for Rs. 640000. Its value is increasing by 5% of its previous value after every six months. What will be the value of the plot after 2 years?

Question

Philoid · Accepted Answer

Given,

Price of land = Rs.640000

Rate of increase = 5% in every six month

So,

Value of plot after 2 years =

=

Pritam bought a plot of land for Rs. 640000. Its value is increasing by 5% of its previous value after every sixmonths. What will be the value of the plot after 2 years?

Pritam bought a plot of land for Rs. 640000. Its value is increasing by 5% of its previous value after every six
months. What will be the value of the plot after 2 years?