Question
The income of โAโ increases by 32% every year. If
the present income of โAโ is Rs. 34848 and his expenditure 2 years ago from now was Rs. 10000, then find his savings 2 years ago from now.Solution
According to the question, Income of โAโ 2 years ago = 34848/(1.32)2 = Rs. 20000 Required savings = 20000 โ 10000 = Rs. 10000
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