Question

The income of ‘A’ increases by 20% every year. If

According to the question, Income of A 2 years ago 230401.22 Rs. 16000 Required savings 16000 10500 Rs. 5500

the present income of ‘A’ is Rs. 23040 and his expenditure 2 years ago from now was Rs. 10500, then find his savings 2 years ago from now.

A Rs. 5200

B Rs. 5300

C Rs. 5500

D Rs. 5400

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