Practicing Success
The salary of an employee increases consistently by 20% every year. If his salary today is Rs. 14,000. What will be his salary after 3 years? |
Rs.24,192 Rs.31,200 Rs.42,344 Rs.31,220 |
Rs.24,192 |
ATQ , Amount after 3 years = 14000 × \(\frac{120}{100}\) × \(\frac{120}{100}\) × \(\frac{120}{100}\) = 14000 × \(\frac{6}{5}\) × \(\frac{6}{5}\) × \(\frac{6}{5}\) =Rs 24192 |