Question

A man pays rs. 8500 as monthly rent. His landlord demanded an increase of 10% every year. How much rent will he have to pay after one year of his stay.​

Answer 1

Answer:

Rs. 9,350/-

Step-by-step explanation:

Monthly rent = Rs.8500

Increase in rent = 10% per year

10% of 8500 = 850

Hence,

Rent after 1 year = 8500+850

= Rs.9350/-

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Answer 2

Answer:

10% of 8500 is 850 rupees then 8500 + 850 = 9350