The expenditure of a businessman increase consistently by 10% per year. If his present expenditure is Rs. 20000 then what will his expenditure be after 2 years ?  Options.
A) 24500
B) 24400
C) 24300
D) 24200
E) 24100
Explanation :   Expenditure = 20000 x 1.1 x 1.1 = 24200   Answer : Option 24200
<result>D</result>
The expenditure of a businessman increase consistently by 10% per year. If his present expenditure is Rs. 20000 then what will his expenditure be after 2 years ?