savita's annual salary increase by 20% every year if salary was 2000 2 years ago find her present salary
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Answered by
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use formula of compound interest and substitute the value of p as 2000
t/n as 2
r as 20
t/n as 2
r as 20
Answered by
0
let her salary be X
then, according to question
20percent of X=2000
20X/100=2000
20X=200000
x=10000
Now, salary of 2 year =2*10000
=20,000
Then, 20+20percent of 10,000+20,000=28,000
then, according to question
20percent of X=2000
20X/100=2000
20X=200000
x=10000
Now, salary of 2 year =2*10000
=20,000
Then, 20+20percent of 10,000+20,000=28,000
tufail73:
but answer 2880
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