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QUESTION
Q
Salary of an officer increases every year by 20%. His salary in the year 2014 was Rs.26640. What was his salary in 2012...
Solution
Let, the salary in 2012 be = NThen, N(1 + 0.2)2 = 26640N(1.44) = 26640N = 26640/1.44 = Rs.18500
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