Question

Total income in year 2003 2004 2005 was income is increased by 20% what is his income in 2005

Answer 1

in 2005 this income is 60% more than his salary in 2003

Answer 2

in 2003 it was 100%

it increased by 20% in 2004; therefore 100% + 20% = 120%

in 2004 it was 120%

then it increased by 20% in 2005

so 120% + 20%= 140%

the amount of value in which the 2005 increased to is represented by the 140%.

you say 100% is equal to the value obtained in 2004.

so what will 140% represent?

you substitute the values and do the calculations and you will arrive at the answer.