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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?
Rs25,00,000
Rs22,00,000
Rs20,00,000
Rs20,20,000
- The income in 2017 is Rs31,25,000.
- The income increases by 25% each year.
- To find the income in 2016, divide Rs31,25,000 by 1.25 (since a 25% increase means the previous year was 100% + 25% = 125%).
- 2016 income: Rs31,25,000 / 1.25 = Rs25,00,000.
- To find the income in 2015, divide Rs25,00,000 by 1.25.
- 2015 income: Rs25,00,000 / 1.25 = Rs20,00,000.
- Correct Answer: ?20,00,000 is the income in 2015.
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