In one year, the Amount collected for social welfare, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the amount was 7920, what was it in the beginning ?

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Accepted Answer

Let the amount collected be 'A' Then, from the given conditions, A x 110/100 x 90/100 = 7920 A x 0.99 = 7920 A = 7920/0.99 => 8000

In one year, the Amount collected for social welfare, of a village increased by 10% and in the next year, it decreased by 10%. If at the end of 2nd year, the amount was 7920, what was it in the beginning ?

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