The value of a property decreases every year at the rate of 5%. If its present value is Rs 411540, what was its value three years ago?

Dear student,
Value of property decrease every year = 5% Present value = 411540 Original value= x Value of property 1 year ago411540 = x×(100-5)100411540 = x× 95100 x = 411540×10095x = 433200 Now Value for 2 year ago:- 433200 =x×(100-5)100 433200 =x×95100x=433200×10095x=456000 Value for 3 year ago:-456000=x×(100-5)100456000=x×95100x=456000×10095x=480000thus the value of property 3 years ago is 480000.
Regards

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