Question

(2) If an increase of Rs. 500 represents a 5% increase in the income
of a man, find his income.​

Answer 1

If Income is x then 5% increase equal to 500 it means his income is 10000 Rs

Answer 2

Answer:

Rs. 10000

Step-by-step explanation:

Let the income be 'x'

Given:

Increase of Rs. 500 represents a 5% increase in the income

'x' is the income, and according to the given information:

$5x/100 = 500$

$x/20 = 500$

$x = 500*20$

$x = 10000$

Therefore, the income is Rs. 10000

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