Question : The enhanced salary of a man becomes Rs. 24,000 after a 20% increment. His previous salary was:
Option 1: Rs. 20,000
Option 2: Rs. 21,000
Option 3: Rs. 16,000
Option 4: Rs. 18,000
Answer (1)
22nd Jan, 2024
Correct Answer: Rs. 20,000
Solution :
Let the previous salary be y.
So, y × $\frac{120}{100}$= 24000
$\therefore$ y = 24000 × $\frac{120}{100}$ = Rs. 20,000
Hence, the correct answer is Rs. 20,000.
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