Question

harish joined a company and started with a pay of 40000 per month, now he earns 55000 per month, what is the percentage increase in his pay

Answer 1

ANS-

Profit%=

$\frac{profit}{cost \: price} \times 100$

Profit= SP- CP

= 55000- 40000=15000

$\frac{15000}{40000 } \times 100$

=37.5%

Hope it helps