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Question
The total income of Mr. Sakib in the years 2003 , 2004, and 2005 was TaKa 36,400 . His income increased by 20% each year. What was his income in 2005 ?
1500
14400
16450
12350
None of them
ANSWER : 2
Descrption
Income in 2003 = x <br/> Income in 2004 = .20x + x <br/> income in 2005 = (x + .20x) + .20(x + .20x) <br/> Now,x + .20x + x + x + .20x + .20x + .04x = 36400 <br/> x = 10000 <br/> income in 2005 = 14400
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