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If the salary becomes Rs 92 after an increment of 15%, what will be the basic salary?
1. 80
2. 85
3. 70
4. 65

1 Answer

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Correct Answer - Option 1 : 80

Given:

Increment of the salary = 15%

Salary after increment = Rs. 92 

Calculation:

Let the basic salary = Rs. y

Then,

Salary after increment = y + 15% of y = Rs. 92

⇒ 115y/100 = 92

⇒ y = (92 × 100)/115 = 80

⇒ y = Rs.80

∴ The basic salary is Rs. 80

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