Question 120

Mr Shamin’s salary increase every year by 10% in june. If there is no other increase or reduction in the salary and his salary in June 2011 was rs 22,385, what was his salary in June 2009 ?


Here, the salary is compounded every year.
Let salary be x.


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free


Boost your Prep!

Download App