Question

The salary of Shekhar is increased successively by 20% and 30%. Find his increased salary if the original salary was ₹ 40000.

• A. ₹ 48000
• B. ₹ 58000
• C. ₹ 52000
• D. ₹ 62400

Answer 1

The correct option is D ₹ 62400

Given, original salary of Shekhar = ₹ 40000

Increase by 20% gives : $40000+\frac{20}{100}\times 40000$ = 40000 + 8000 = ₹ 48000

Increase further by 30% gives : $48000+\frac{30}{100}\times 48000$ = 48000 + 14400 = ₹ 62400

$\therefore$ New salary of Shekhar is ₹ 62400.