Question

The income of man increase by 20 % every year. If his present annual income is 2,20,000. What

will be income 2 years later? and also what was his income 1 year earlier?​

Answer 1

Step-by-step explanation:

income in 2 years.

A=P(1+R/100)n

A=220000(1+20/100)²

A=220000×6/5×6/5

A=316800