Last year Mr. Nitin earned Rs 5,800 from the corn he grew on his farm. This year he expects a 7% increase in the income from corn. How much does he expect to earn from corn this year?
A
Rs.406
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B
Rs. 6206
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C
Rs. 8600
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D
Rs. 9600
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Solution
The correct option is C Rs. 6206 7% of 5600=7100×5600=406Rs. This year Mr.nitin earn=6500+406=6206Rs.