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    Question

    An employeeтАЩs salary is first increased by 15%, and

    then again increased by 10%. What is the overall percentage increase in salary?
    A 25% Correct Answer Incorrect Answer
    B 26.5% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 32% Correct Answer Incorrect Answer

    Solution

    ATQ, Let original salary = 100 After 15% increase тЖТ 100 ├Ч 1.15 = 115 After further 10% increase тЖТ 115 ├Ч 1.10 = 126.5 Increase = 126.5 тИТ 100 = 26.5 Overall percentage increase = 26.5%

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