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?

A. Rs.25600.24Correct Answer

B. Rs.32000.50

C. Rs.18060.36

D. Rs.18600

Correct Option: A. Rs.25600.24

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