Mohan gets 12% increase in his sale amount in the first year and 15% increase in the second year, with that his present sale is ₹1,28,800. What was his sale two years ago?
A.₹1,00,000✓ Correct
B.₹1,50,000
C.₹1,25,000
D.₹1,75,000
Explanation
Let original sale = x. After 12% increase: 1.12x. After 15% increase: 1.12x × 1.15 = 1.288x = 1,28,800. So x = 1,28,800 / 1.288 = ₹1,00,000.
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