Discuss Forum
1.
The total income of Mr. Sakib in the years 2003 , 2004, and 2005 was TaKa 36,400 . His income increased by 20% each year. What was his income in 2005 ?
- A. 1500
- B. 1500
- C. 1500
- D. 1500
Answer: Option B
Explanation:
Income in 2003 = x
Income in 2004 = .20x + x
income in 2005 = (x + .20x) + .20(x + .20x)
Now,x + .20x + x + x + .20x + .20x + .04x = 36400
x = 10000
income in 2005 = 14400
Income in 2004 = .20x + x
income in 2005 = (x + .20x) + .20(x + .20x)
Now,x + .20x + x + x + .20x + .20x + .04x = 36400
x = 10000
income in 2005 = 14400
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