The income of a branch manager increases by 15\% to Rs. 69,000 after one year. In the next year, due to economic depression, the income falls by 10\% - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live

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The income of a branch manager increases by 15% to Rs. 69, 000 after one year. In the next year, due to economic depression, the income falls by 10% and in the third year, it again falls by 5% . What is the income of the branch manager after three years?

Solution & Step-by-step Explanation

The income after the first year is given as Rs. 69, 000 .In the second year, the income falls by 10% . Income after 2nd year = 69000 \times (1 - \frac{10}{100}) = 69000 \times 0.9 = Rs. 62, 100 In the third year, the income falls by 5% . Income after 3rd year = 62100 \times (1 - \frac{5}{100}) = 62100 \times 0.95 Income after 3rd year = 62100 \times \frac{95}{100} = 621 \times 95 = Rs. 58, 895

Try it yourself before checking the explanation above.

The income of a branch manager increases by 15% to Rs. 69, 000 after one year. In the next year, due to economic depression, the income falls by 10% and in the third year, it again falls by 5% . What is the income of the branch manager after three years?

Rs. 58, 885

Rs. 59, 895

Rs. 58, 995

Rs. 58, 895

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