A company's monthly revenue (in ₹) for January, February, March, and April was 75,000, 82,500, 90,750, and 99,825. If the same trend continues, what will be the revenue in June?
Show answer & explanation
Correct answer: C
Explanation
January = ₹75,000
February = ₹75,000 × 1.10 = ₹82,500
March = ₹82,500 × 1.10 = ₹90,750
April = ₹90,750 × 1.10 = ₹99,825
May = ₹99,825 × 1.10 = ₹1,09,807.50
June = ₹1,09,807.50 × 1.10 = ₹1,20,788.25