Question

The monthly income of a person is ₹7,540. If their income is increased by 20%, then what will be their new monthly income?

• A. ₹9,248
• B. ₹9,048
• C. ₹9,448
• D. ₹9,648

Answer 1

Answer:

B. ₹9,048

An increase of 20% means the new income is 120% of the original.
$\text{New Income} = 7,540 \times 1.2 = 9,048$