3. P's income has increased by 10%
over last year and will be 20%
higher next year. If his last year's
income is 7000 per month what
will it be next year?
al 9240
(b) 7500
(C) 9000
(d) 37850
Answers
Answer:
Option (d) 37850 answer
Answer:
Option (a) Rs. 9240 is the correct answer.
Step-by-step explanation:
Given P's income last year = 7000
It is given that his income was increased by 10% this year.
Therefore, his income for this year = 7000 + 10% of 7000
= 7000 + 700
= 7700
It is also given that his income will be 20% higher in the next year.
=> Therefore, his income for the next year = 7700 + 20% of 7700
= 7700 + 1540
= 9240
Therefore, his income in the next year will be Rs. 9240
Therefore, option (a) Rs. 9240 is the correct answer.