# If its income is Rs.26,64,00 in the year 2012, then its income in the year 2010 was:

The income of a company increases 20% per annum. If its income is Rs.26,64,00 in the year 2012, then its income in the year 2010 was:

- Rs. 21, 20, 000
- Rs. 28, 20, 000
- Rs.28, 55, 000
- Rs. 18, 50, 000

**Answer: (4) Rs. 18, 50, 000**

**Explanation:-**

The income of a company in the year 2012 = Rs. 26, 64, 000

The income of a company increases = 20% per annum

Then, the income of a company in 2011 = 26, 64, 000 x 100/120

= 22, 20, 000

And, the income of a company in 2010 = 22, 20, 000 x 100/120

= 18, 50, 000

Then, the income of company in the year 2010 was Rs. 18, 50, 000.

Hence, the answer is (4) Rs. 18, 50, 000.