The income of a company increases by 25 per year If its income is Rs31 25 000 in the year 2017 what ...........

Quantitative Aptitude (MTS) Percentage

The income of a company increases by 25% per year. If its income is Rs31 ,25,000 in the year 2017, what was the income in 20

15?

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SSC MTS 7th October 2021 Shift-1

Rs25,00,000

Rs22,00,000

Rs20,00,000

Rs20,20,000

- The company's income increases by 25% each year.

- To find the income in 2015, we know the income in 2017 was Rs31,25,000.

- We calculate the income in 2016 using the formula: Income in 2016 = Income in 2017 / 1.25.

- Income in 2016 = Rs31,25,000 / 1.25 = Rs25,00,000.

- Next, we calculate the income in 2015: Income in 2015 = Income in 2016 / 1.25.

- Income in 2015 = Rs25,00,000 / 1.25 = Rs20,00,000.

- Option 3 matches the calculated income for 2015.

Option 3: Rs20,00,000 is the correct option.

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