Question

15. The income of a man increase by 10% every year.
If his present annual income is 8,80,000.
(a) What will be his income 2 years later?
(b) What was his income 1 year earlier ?​

Answer 1

answer is .

You know that the man,s income will increase by 20 % after 2 years .so we will calculate 20% of 880000 =

20/100 multiply by 880000 =

176000

It will be added to 880000 i.e.

1056000 rupees

This is the answer

Answer 2

a) Man’s income after 2 years= 880k * 1.1 *1.1 = 880k * 1.21 = 1064800
b) Man’s income 1 year earlier = 880k/1.1
= 800000