Q:
Twelve percent of Kalyan's monthly salary is equal to the sixteen per cent of Nandu's monthly salary. Sarnesh's monthly salary is half that of Nandu's monthly salary. If sarnesh's annual salary is Rs. 1.08 lacs, What is Kalyan's monthly salary ?
Answer & Explanation
Answer: C) 24,000
Explanation: Let K = Kalyan's monthly salary
N = Nandu's monthly salary
S = Sarnesh's monthly salary.
Then from given data,
12% of K = 16% of N
S = N/2 => N = 2S
K = 16/12 x N = 16/12 x 2S
= 16/6 x 1.08/12 = 16/6 x 0.09 = 0.24 lacs = 24,000
View Answer
Report Error
Discuss