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The total income of Mr. Sakib in the years 2003 , 2004, and 2005 was TaKa 36,400 . His income increased by 20% each year. What was his income in 2005 ?

The total income of Mr. Sakib in the years 2003 , 2004, and 2005 was TaKa 36,400 . His income increased by 20% each year. What was his income in 2005 ? Correct Answer 14400

Income in 2003 = x Income in 2004 = .20x + x income in 2005 = (x + .20x) + .20(x + .20x) Now,x + .20x + x + x + .20x + .20x + .04x = 36400 x = 10000 income in 2005 = 14400

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