In the year 2002 who amongst the given people got the highest increase (in percentage) in their annual salary from the previous year ?

Solution

For the percentage rise to be high, the increase should be high and the salary in the previous year should be low. So, Indira has the highest increase in salary from 2001 - 2002.

The percentage increase in annual salary for Indira = $$\frac{1.56-1.45}{1.45}*100$$ = 7.59%

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In the year 2002 who amongst the given people got the highest increase (in percentage) in their annual salary from the previous year ?

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