Postal or Sorting Assistants Model Paper 1 With Solutions

Question : 2 of 100

Marks: +1, -0

The salary of a man increases by 20% every year in the month of January. His salary was ₹ 5,000 in the month of February in year 2013. What will be his salary in the month of February in the year 2015?

₹ 7,200
₹ 6,200
₹ 7,800
₹ 6,800

Validate

Solution:

(a) Man's salary in the month of February. 2015

=5000[1+20/100]^2

=5000×6/5×6/5

=₹7200

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