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A man's monthly income first gets increased by 15% in the month of May followed by a 20% increase in the month of June and then increased by 50% in the month of July. What is the overall percentage increase in the man's salary?
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A man's monthly income first gets increased by 15% in the month of May...
Overall Percentage Increase in Salary
There are three consecutive increases in the man's salary in the months of May, June, and July. To calculate the overall percentage increase in the man's salary, we need to calculate the cumulative effect of these increases.

Step 1: Calculate the Increase in May
In May, the man's salary increased by 15%. This means his salary increased to 115% of his original salary.

Step 2: Calculate the Increase in June
In June, the man's salary increased by 20%. This means his salary increased to 120% of his salary after the increase in May.

Step 3: Calculate the Increase in July
In July, the man's salary increased by 50%. This means his salary increased to 150% of his salary after the increase in June.

Step 4: Calculate the Overall Increase
To calculate the overall percentage increase, we multiply the individual increases:
1.15 (May increase) * 1.20 (June increase) * 1.50 (July increase) = 2.07

Step 5: Convert to Percentage
The overall increase of 2.07 means that the man's salary has increased by 107% overall.
Therefore, the overall percentage increase in the man's salary is 107%.
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A man's monthly income first gets increased by 15% in the month of May followed by a 20% increase in the month of June and then increased by 50% in the month of July. What is the overall percentage increase in the man's salary?
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