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A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary?
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A man monthly income first get increased by 15% then 20% and then by 5...
Solution:
Given:
Increase in monthly income by 15%, then 20%, and then 50%.
To Find:
Overall percentage increase in the man's salary.
Calculation:
Step 1: Increase by 15%
Let the man's initial monthly income be x.
After an increase of 15%, the new income = x + 0.15x = 1.15x
Step 2: Increase by 20%
Now, the new income = 1.15x
After an increase of 20%, the new income = 1.15x + 0.20(1.15x) = 1.38x
Step 3: Increase by 50%
Now, the new income = 1.38x
After an increase of 50%, the new income = 1.38x + 0.50(1.38x) = 2.07x
Overall Percentage Increase:
Overall increase = (New income - Initial income) / Initial income * 100
Overall increase = (2.07x - x) / x * 100
Overall increase = 1.07x / x * 100
Overall increase = 107%
Therefore, the overall percentage increase in the man's salary is 107%.
Given:
Increase in monthly income by 15%, then 20%, and then 50%.
To Find:
Overall percentage increase in the man's salary.
Calculation:
Step 1: Increase by 15%
Let the man's initial monthly income be x.
After an increase of 15%, the new income = x + 0.15x = 1.15x
Step 2: Increase by 20%
Now, the new income = 1.15x
After an increase of 20%, the new income = 1.15x + 0.20(1.15x) = 1.38x
Step 3: Increase by 50%
Now, the new income = 1.38x
After an increase of 50%, the new income = 1.38x + 0.50(1.38x) = 2.07x
Overall Percentage Increase:
Overall increase = (New income - Initial income) / Initial income * 100
Overall increase = (2.07x - x) / x * 100
Overall increase = 1.07x / x * 100
Overall increase = 107%
Therefore, the overall percentage increase in the man's salary is 107%.
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A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary?
Question Description
A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary?.
A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man monthly income first get increased by 15% then 20% and then by 50% what is the overall percentage increase in the mans salary?.
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