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A man has 2000 rupees in his account two years ago. In the first year he deposited 20 percent of the amount in his account. In the next year he deposited 10 percent of the increased amount in the account. Find the total amount in the account of the person after 2 years.
- a)2650
- b)2640
- c)2740
- d)2840
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
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A man has 2000 rupees in his account two years ago. In the first year ...
Answer – b) 2640 Explanation : 2000 + 400 + 240 = 2640 (400 in first year and 240 is added in the second year)
Most Upvoted Answer
A man has 2000 rupees in his account two years ago. In the first year ...
Given:
- The man had 2000 rupees in his account two years ago.
- In the first year, he deposited 20% of the amount in his account.
- In the next year, he deposited 10% of the increased amount in the account.
To find:
The total amount in the account of the person after 2 years.
Solution:
Let's break down the problem step by step:
Year 1:
- The man deposited 20% of his initial amount, which is 20/100 * 2000 = 400 rupees.
- The new amount in the account after the first year is 2000 + 400 = 2400 rupees.
Year 2:
- The man deposited 10% of the increased amount, which is 10/100 * 2400 = 240 rupees.
- The new amount in the account after the second year is 2400 + 240 = 2640 rupees.
Therefore, the total amount in the account of the person after 2 years is 2640 rupees.
Answer:
The correct option is (B) 2640.
- The man had 2000 rupees in his account two years ago.
- In the first year, he deposited 20% of the amount in his account.
- In the next year, he deposited 10% of the increased amount in the account.
To find:
The total amount in the account of the person after 2 years.
Solution:
Let's break down the problem step by step:
Year 1:
- The man deposited 20% of his initial amount, which is 20/100 * 2000 = 400 rupees.
- The new amount in the account after the first year is 2000 + 400 = 2400 rupees.
Year 2:
- The man deposited 10% of the increased amount, which is 10/100 * 2400 = 240 rupees.
- The new amount in the account after the second year is 2400 + 240 = 2640 rupees.
Therefore, the total amount in the account of the person after 2 years is 2640 rupees.
Answer:
The correct option is (B) 2640.
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