Question
An employee’s salary is first increased by 15%, and
then again increased by 10%. What is the overall percentage increase in salary?Solution
ATQ, Let original salary = 100 After 15% increase → 100 × 1.15 = 115 After further 10% increase → 115 × 1.10 = 126.5 Increase = 126.5 − 100 = 26.5 Overall percentage increase = 26.5%
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