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    Question

    An employee has a basic pay of Rs. 12000 and a D.A. of

    12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA rate in 1998 if the base year is 1995?
    A 20.12% Correct Answer Incorrect Answer
    B 22.12% Correct Answer Incorrect Answer
    C 222% Correct Answer Incorrect Answer
    D 0.2% Correct Answer Incorrect Answer
    E 1.22% Correct Answer Incorrect Answer

    Solution

     

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