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salary of a person increases every year by 20%. his salary
in the year 2001 was Rs. 26,640. what was salary in 1999?
well i am confused. suggest how to do such probs in steps.
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Answer Posted / shyam
let the salary in 1999 was x.
In 2000 the salary will be 6x/5.
in 2001 the salary will be [6x/5]+[6x/5][1/5]=36x/25
now 36x/25=26,640
x= 18500
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