Given
price of a flat was £90 000
decreased by 5%
Find
(i) Find the price of the flat after 1 year.
(ii) Find the price of the flat after 2 years.
Step-by-step explanation
Here we use the formula
i)
ii) after 2 years ,
Final Answer
hence ,
i) the price of the flat after 1 year will be £85,500.
ii) the price of the flat after 2 year will be £81,225