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₹9,248B₹9,048C₹9,448D₹9,648Answer: B. ₹9,048 Read Explanation: An increase of 20% means the new income is 120% of the original.New Income=7,540×1.2=9,048\text{New Income} = 7,540 \times 1.2 = 9,048New Income=7,540×1.2=9,048 Read more in App