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The income of a company increases by 20% per year, if income is Rs. 25200 in year 2022, then its income in year 2020 was? |
18500 17500 16500 15200 |
17500 |
A = P (1+ \(\frac{R}{100}\))T 25200 = P (1+ \(\frac{R}{100}\))2 25200 = P (\(\frac{6}{5}\))2 \(\frac{25200 × 5 × 5}{6 × 6}\) = P P = 17500 |
