The Income of a man increase consistently by 2% per year. If his present income is Rs. 12000 then what will his income be after 1 year ?
Choose the correct choice from the following options:
A) 12040 B) 12140 C) 12240 D) 12340 E) 12440
Explanation :   Income = 12000 x 1.02 = 12240   Answer : Option 12240
<result>C</result>
The Income of a man increase consistently by 2% per year. If his present income is Rs. 12000 then what will his income be after 1 year ?