Question

Amans monthly income is $Rs.32,000$. If the income increases every year by $9\%$ what will be his monthly income after $1$ year?

Answer 1

Aman's monthly income $A=Rs.32,000$

After one year, his salary is increased by $9\%$

Aman's salary after one year $=32,000+\frac{9}{100}\times 32,000$

$=32,000+2880$

$=Rs.34,880$

This is the required solution.