A property decreases in value every year at the rate of 6 1 4 of its value at the beginning of the y...........

Quantitative Aptitiude (CLAT) Percentage

A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year. It's value at the end of 3 years was Rs. 21,093. Find its value at the beginning of the 1st year?

Rs. 18,060.36