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SEAMO 2027 - Paper D - SET 04 - Self-study Question 20

SEAMO · SEAMO 2027 - Paper D - SET 04 - Self-study

Question 20

Mr. Woodley paid 650,000 dollars for two commercial properties. A year later, the market value of the first property rose by 20%, while that of the second dropped by 25%. The two properties then had the same market value. What was the market value of the first property at first?
  1. 220,000 dollars
  2. 230,000 dollars
  3. 240,000 dollars
  4. 250,000 dollars
  5. None of the above