The price of an article X increases by 20% every year and price of art – McqOptions

MCQOPTIONS

1.	The price of an article X increases by 20% every year and price of article Y increases by 10% every year. In the year 2010, the price of article X was Rs. 5000 and price of article Y was Rs. 2000. In which year the difference in their prices exceeded Rs. 5000 for the first time?
A.	2012
B.	2013
C.	2014
D.	2015
Answer» C. 2014

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