Ravi's salary was increased by 50%. After some time, his new salary was also increased by 50%. Find his gain percentage of salary.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 125%.
We know that,
Net effect = x + y + xy/100
here, x = +50, y = +50
Net effect = 50 + 50 + 2500/100
⇒ 100 + 25 = 125%