Mathematics · Percentage

If Chetan's present income is ₹40,000 and it increases by 1% annually, then what will be his income 2 years from now?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1₹44,854
2₹40,804✓
3₹58,000
4₹50,800

Correct answer

₹40,804

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If Chetan's present income is ₹40,000 and it increases by 1% annually, then what will be his income 2 years from now?

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If Chetan's present income is ₹40,000 and it increases by 1% annually, then what will be his income 2 years from now?

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