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Total payroll expense of a certain business in year Y was TK. 84,000 ; which was 20% more than in year X . What was the total payroll expense (in Taka) in year X ?

Total payroll expense of a certain business in year Y was TK. 84,000 ; which was 20% more than in year X . What was the total payroll expense (in Taka) in year X ? Correct Answer 70,000

Let the total payroll expense in year X be X TK. Then,  X + 20% of X = 84000 or,  X + 0.2X = 84000 or,  1.2X = 84000 or,  X = 84000/1.2 = 70000 TK

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