Prasad gets ₹30000 a month as his salary. If his salary is increased in the ratio 20 : 23, what is his new salary? What is the percentage increase of his salary?
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Step-by-step explanation:
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Step-by-step:
Total ratio=43
:20=30000
Let x be the amount of the total ratio
20 × x = currency3000
43
DBS by 20/43
x=30000×43
20
x=1500×43
x=currency 6,4500
1) To find the new salary:
currency64500-currency30000
=currency34500
2) To find the increase percent:
profit= new salary - old salary
=34500-30000
profit = currency4500
profit percent :
= 4500 × 100
30000
=15%
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