Question
The income of βAβ increases by 35% every year. If
the present income of βAβ is Rs. 45562.5 and his expenditure 2 years ago from now was Rs. 12000, then find his savings 2 years ago from now.Solution
According to the question, Income of βAβ 2 years ago = 45562.5/(1.35)2 = Rs. 25000 Required savings = 25000 β 12000 = Rs. 13000
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