A man's salary in 2015 was Tk.20000 per annum and it increased by 10% each year. Find how much he earned in the years 2015 to 2017 inclusive.

A 65000

B 68600

C 66200

D 69700

Solution

Correct Answer: Option C

2015 = 20000

2016 = 20000 + 20000*.10 = 22000

2017 = 22000 + 22000*.10 = 24200

Sum = 20000 + 22000 + 24200 = 66200 

Practice More Questions on Our App!

Download our app for free and access thousands of MCQ questions with detailed solutions