Question

how much monthly income is 32000 if his income increases every year by 9% what will be his monthly income after 2 years

Answer 1

Monthy income after 2 yrs = 32000(1+9/100)^2
= 32000(109/100)^2
=32000*109/100*190/100
=38019.2

Answer 2

Answer:

Aman's monthly income after 2 years = ₹ 35643

Step-by-step explanation:

Monthly income = ₹ 30000

His income increases every year by 9%

His income after 1 year = 30000 + (30000 × 9%)

= 30000 + (30000 × 9/100)

= 30000 + (300 × 9)

= 30000 + 2700

= ₹ 32700

Income = ₹ 32700

His income after 1 year = 32700 + (32700 × 9%)

= 32700 + (32700 × 9/100)

= 32700 + (327 × 9)

= 32700 + 2943

= ₹ 35643

Aman's monthly income after 2 years = ₹ 35643

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