Question

An employee's salary in 2011 is 1,20,000. If he gets a raise a 15% annually , what would his salary be by 2014

Answer 1

Numbers of years = 3 years

% increased = 15%

Amount = rs 120000

So,120000 + (15% of 120000)

= 120000 + (15/100 of 120000)

= 120000 + 18000

= 128000

Then,

128000 + ( 15% of 128000)

= 128000 + (15/100 of 128000)

= 128000 + 19200

= 137200

Then,

137200 + ( 15% of 137200)

= 137200 + (15/100 of 137200)

= 137200 + 20580

= 157780

So, your answer is 157780.

Hope it helps u

please mark this as brainliest