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    Question

    A companyтАЩs revenue increased by 20% in the first year

    and by 10% in the second year. If the revenue at the beginning of the first year was тВ╣1,00,000, what will be the revenue at the end of the second year?
    A тВ╣1,32,000 Correct Answer Incorrect Answer
    B тВ╣1,38,000 Correct Answer Incorrect Answer
    C тВ╣1,40,000 Correct Answer Incorrect Answer
    D тВ╣1,45,000 Correct Answer Incorrect Answer

    Solution

    Revenue after first year = 1,00,000 * 1.20 = тВ╣1,20,000. Revenue after second year = 1,20,000 * 1.10 = тВ╣1,32,000.

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