📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    ⚡ Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now ⚡
    00:00:00 AM Left

    Question

    The income of ‘A’ increases by 26% every year. If

    the present income of ‘A’ is Rs. 25401.6 and his expenditure 2 years ago from now was Rs. 14000, then find his savings 2 years ago from now.
    A Rs. 2100 Correct Answer Incorrect Answer
    B Rs. 2200 Correct Answer Incorrect Answer
    C Rs. 2000 Correct Answer Incorrect Answer
    D Rs. 2300 Correct Answer Incorrect Answer

    Solution

    According to the question, Income of ‘A’ 2 years ago = 25401.6/(1.26)2 = Rs. 16000 Required savings = 16000 – 14000 = Rs. 2000

    Practice Next

    Relevant for Exams:

    ask-question