Vivek purchased a plot of land for 12500 after 1 year due to recession the value of his land fell by 5% in the 2nd year the value increased by 8% find the value of the land after 2 years

Step by Step Solution :Final Value,

= 12500 × 95/100 × 108/100

= 25 × 19 × 27

= 25 × 513

= 12825

Therefore,the value of the land will be Rs 12825 after 2 years