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The salary of a man, which was Rs. 500 earlier, increases to Rs. 600. What is the percentage change in salary?

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The salary of a man, which was Rs. 500 earlier, increases to Rs. 600. What is the percentage change in salary?
1. 16.66%
2. 10%
3. 20%
4. 15%
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Correct Answer - Option 3 : 20%

Given:

Original salary is Rs.500

New salary is Rs.600

Calculation:

% Change, 

⇒ (600 - 500)/500 × 100

⇒ 20%

∴ Percentage change in salary is 20%.

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