9 Views

Question : The monthly salary of Sachdev gets increased by 5%, thereby his salary becomes Rs. 15120 per annum. His earlier monthly salary (before the increase) was:

Option 1: Rs. 1320

Option 2: Rs. 1200

Option 3: Rs. 1240

Option 4: Rs. 1440


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Rs. 1200


Solution : Let's assume Sachdev's salary = 100 units
After increment of 5%, new salary = 105 units
Sachdev's monthly salary = $\frac{15120}{12}$ = Rs. 1260
According to the question,
105 units ⇒ Rs. 1260
Sachdev's salary
= $\frac{1260×100}{105}$
= Rs. 1200
Hence, the correct answer is Rs. 1200.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books