The monthly income of Mukesh is Rs.75,000. If his income is increased by 29%, then what will be his new monthly income?

Correct option is D

Given:

Monthly income of Mukesh = Rs 75,000

Income increased by 29%

Formula Used:

​$$Percentage = \frac{New\ Value - Old\ value}{Old\ Value} \times 100$$​​

Solution:

New income = Old income + 29% of Old Income

= 75,000 + 29% of 75,000

= 75,000 + 21,750

= Rs 96,750