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Rohan’s monthly salary is increased from ₹40,000 to ₹45,000. What is the percentage increment in his monthly salary?
Question

Rohan’s monthly salary is increased from ₹40,000 to ₹45,000. What is the percentage increment in his monthly salary?

A.

10.5%

B.

12%

C.

11%

D.

12.5%

Correct option is D

Given:

Salary increased from ₹40,000 to ₹45,000

Formula Used:

Percentage Increase/Decrease = Increase/DecreaseinValueOriginal Value×100 \frac{Increase/Decrease in Value}{Original\ Value} \times 100​​

Solution:

Increase in salary = 45000 - 40000 = ₹5000

Percentage increase =500040000×100=12.5% \frac{5000}{40000} \times 100 = 12.5\% 

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