Question

in a certain year a new bed costs 35000. if the rate of inflation was 20% for the next two years what would the same bed cost at the end of this period​

Answer 1

5000

Explanation:

Answer 2

42000

Explanation:

First of all, we need to find 20 percent of 35000.

35000×20 / 100 = 7000

now we increase the bed cost by 20 percent.

35000 + 7000 = 42000