Last year Jack and Jill started with a base salary of 10 lakh per annum Jack gets two salary increments. First was 20% and the second was 10%. Jill gets a single increment which is 30%. Who received more increment overall?
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Jack received more increment
increment of Jack =10lakh +20%of 10lakh = 12lakh
now 2nd time he got, 12 lakh +10%of 12 lakh=13lakh20thousand
jill recieved 10 lakh + 30 % of 10 lakh
=13 lakh
increment of Jack =10lakh +20%of 10lakh = 12lakh
now 2nd time he got, 12 lakh +10%of 12 lakh=13lakh20thousand
jill recieved 10 lakh + 30 % of 10 lakh
=13 lakh
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