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A businessman’s earning increases by 25% in one year but decreases by 4% in the next year. Going by this pattern, after 5 years, his total earnings would be Rs.72000. What is his present earning ?
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- Rs. 10000
- Rs. 80000
- Rs. 40000
- Rs. 54000
Correct Option: C
Let the business man’s present earning be Rs. x.
According to the question,
x × | × | × | × | × | = 72000 | 100 | 100 | 100 | 100 | 100 |
⇒ x × | × | × | × | × | = 72000 | 4 | 25 | 4 | 25 | 4 |
⇒ x × | = 72000 | 5 |
⇒ x = | = Rs. 40000 | 9 |