If the annual income of X is 20% more than that of Y, then the income of Y is less than that of X by p%. What is the value of p?

If the annual income of X is 20% more than that of Y, then the income

1.	If the annual income of X is 20% more than that of Y, then the income of Y is less than that of X by p%. What is the value of p?
A.	10
B.	\(16 \frac{2}{3}\)
C.	\(17\frac{1}{3}\)
D.	20
Answer» C. \(17\frac{1}{3}\)

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If the annual income of X is 20% more than that of Y, then the income of Y is less than that of X by p%. What is the value of p?

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