Miscellaneous Question 3

  1. Varun got a monthly increment of 12 percent of Puja’s monthly salary. Puja’s monthly salary is ₹ 7800. Varun’s monthly salary before increment was ₹ 6400 . What amount will he earn in four months after his increment?

(1) ₹ 29344

(2) ₹ 29434

(3) ₹ 28434

(4) ₹ 28344

(5) None of these

(IDBI Bank Officer Exam.16.09.2012)

Show Answer

Correct Answer: 3. (1)

Solution: 3. (1) Monthly increase in salary of Varun

$=\frac{7800 \times 12}{100}=₹ 936$

$\therefore$ New monthly salary of Varun

$=6400+936=₹ 7336$

$\therefore$ Required income $=4 \times 7336$

$=₹ 29344$