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salary of a person increases every year by 20%. his salary
in the year 2001 was Rs. 26,640. what was salary in 1999?
well i am confused. suggest how to do such probs in steps.
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Answer Posted / kk
Let his salary be x in the year 1999.
In 2000, x + (20/100)x
i.e. = 1.2x,
in 2001, 1.2x + (20/100)1.2x , i.e = 1.44x,
but we already know salary of year 2001 is 26640,
hence, 1.44x = 26640, therefore x = 18500.
hence solved.
| Is This Answer Correct ? | 42 Yes | 3 No |
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