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If A's salary is 60% more than B's salary, then by what percentage is B's salary less than that of A?
1. 37.5%
2. 45%
3. 33.3%
4. 47.7%

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Correct Answer - Option 1 : 37.5%

Given:

A's salary is 60% more than B's salary

Calculation:

Let the salary of B be 100

A's salary = 100 + 60% of 100

A's salary = 160

The salary of B is (160 – 100) = 60 less than A

Salary of B is {[60/(Salary of A)] × 100} percent less than A

⇒ Salary of B is {[60/160] × 100} percent less than A

⇒ 37.5%

∴ The salary of B is 37.5% less than the salary of A

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