The income of a company increase 20% per annum. If its income is Rs. 1

1.	The income of a company increase 20% per annum. If its income is Rs. 15,30000 in the year 2002, then its income in the year 2000 was:
Answer» <P>Step-by-step explanation: Let the income in 2010 be P ⇒R = 20% ⇒Income of year 2012 = Rs.26,64,000 ⇒Income of 2012 = P[1+R100]2 ⇒2664000 = P[1+201002] ⇒2664000 = P×65×65 ⇒Income in 2010 = 1850000 I HOPE HELPS to you

The income of a company increase 20% per annum. If its income is Rs. 15,30000 in the year 2002, then its income in the year 2000 was:

Answer»

<P>Step-by-step explanation:

Let the income in 2010 be P

⇒R = 20%

⇒Income of year 2012 = Rs.26,64,000

⇒Income of 2012 = P[1+R100]2

⇒2664000 = P[1+201002]

⇒2664000 = P×65×65

⇒Income in 2010 = 1850000

I HOPE HELPS to you

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The income of a company increase 20% per annum. If its income is Rs. 15,30000 in the year 2002, then its income in the year 2000 was:​

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The income of a company increase 20% per annum. If its income is Rs. 15,30000 in the year 2002, then its income in the year 2000 was: