A man's salary is increased by 10% in the first year, decreased by 10% in the second year, and again increased by 20% in the third year. If his final salary is Rs. 23760, what was his initial salary? MCQ with Answer and Explanation

Question

A man's salary is increased by 10% in the first year, decreased by 10% in the second year, and again increased by 20% in the third year. If his final salary is Rs. 23760, what was his initial salary?

A. Rs. 22000

B. Rs. 18000

C. Rs. 20000

D. Rs. 25000

Answer: Option C

Solution (By JKSSB Mock Tests)

Multiplier = 1.1 × 0.9 × 1.2 = 1.188. Initial = 23760/1.188 = 20000.

This question belongs to: Maths Percentage

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