Given:
· Last year salary = Rs. 72,400
· This year salary = Rs. 81,450
Increase in salary = New salary − Old salary = 81,450 − 72,400 =
9,050
Formula:
Percentage Increase = (Increase / Original value) × 100
Solution:
Percentage Increase = (9,050 ÷ 72,400) × 100 = 0.125 × 100 =
12.5%
Correct Answer: (d) 12.5%
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