Question

The annual income of a person Rs1,00,000.If there is an increase of 8% in his income every year, then what will be his incomein the coming year and what was hisincome last year?​

Answer 1

Answer:

Let her monthly income be Rs x.

Savings = Rs 120

Expenditure = 90% of x=90100x=9x10

Savings = Total monthly salary - Expenditure = x-9x10=x10 = 120

x=10x120=1200

Thus, total monthly salary = Rs 1200

Step-by-step explanation:

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Answer 2

Answer:

Income in the coming year=100000+8/100×100000=100000+8000=108000

Income in last year=100000-8/100×100000=100000-8000=Rs.92000

Step-by-step explanation:

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