Last year, Mayank’s capital investment in a small business venture was ₹ 20,000. This year, to cater to new customer base, he is planning to increase the capital funding to 30% of what he had invested last year. How much money is he planning to invest this year?

Last year, Mayank’s capital investment in a small business venture w

1.	Last year, Mayank’s capital investment in a small business venture was ₹ 20,000. This year, to cater to new customer base, he is planning to increase the capital funding to 30% of what he had invested last year. How much money is he planning to invest this year?
A.	23,000
B.	22,500
C.	60,000
D.	26,000
Answer» E.

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Last year, Mayank’s capital investment in a small business venture was ₹ 20,000. This year, to cater to new customer base, he is planning to increase the capital funding to 30% of what he had invested last year. How much money is he planning to invest this year?

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