Mr. Shamin's salary increases every year by 10% in June. If there is no other increase or reduction in the salary and his salary in June 2024 was Rs. 22,385/-, what was his salary in June 2022
Given:
Salary in June 2024 = Rs. 22,385
Annual increment = 10%
We need salary two years back (June 2022)
Formula:
Previous Salary = Present Salary / (1 + r)n
Where r = rate of increase, n = number of years
Solution:
Salary in June 2022 = 22385 / (1.10)2
= 22385 / 1.21
= Rs. 18,500 (approx)
English
100 Questions
200 Marks
60 Mins English English25 Questions50 Marks15 Mins English English100 Questions200 Marks60 Mins EnglishIf the price of rice increases by 20% and a person reduces its consumption by 20%, by what percentage will his total expenditure on rice decrease?
If 30% of a number exceeds 20% of it by 24, then the number is:
The count of a certain breed of bacteria was found to increase at the rate of 4% per hour and then decrease by 2% per hour. Find the bacteria at the end of 2 hours if the count was 2,00,000 initially.
Kiran spends 75% of his income. If he saves ₹90000, then his income (in ₹) is:
A bus is moving at a speed of 82 km/hr. If its speed is reduced by 28%, then what will be the new speed of the bus (in km/hr)?
A person spends 50% of his monthly salary on house rent. If he spends ₹912 on transport and ₹3,799 on groceries every month and saves the remaining ₹131, then find his monthly salary (in ₹).
Suggested Test Series
Suggested Test Series
