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A man P purchased a land for Rs4,32,000 on the outskirts of a city. Due to some reason, its value depreciated at 25% per annum
and he sold it to Q after 2 years. At this time, the city expanded and new projects of infrastructures started coming up. As a
result of the expansion, there was an appreciation of real estate prices at the rate of 50%. What would be the value (in Rs) of the
land after 2 years, from the time Q bought the land from P?
Rs5,46,750
Rs6,05,070
Rs5,76,450
Rs5,57,450
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