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:

  1. Rs. 21, 20, 000
  2. Rs. 28, 20, 000
  3. Rs.28, 55, 000
  4. Rs. 18, 50, 000
Anurag Mishra Professor Asked on 11th December 2015 in Maths.
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  • 1 Answer(s)

    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.

    Anurag Mishra Professor Answered on 11th December 2015.
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