Question 170

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 2011 was Rs. 22,385/-, what was his salary in June 2009?

Solution

Let the salary in 2009 be x

Salary in 2010 = 1.1x

Salary in 2011 = 1.1x*1.1 = 1.21x

1.21x = 22385

x = 18500


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