Q. The salary of an employee is increased by 12% and then by another 25%. The overall percentage increase is:
β
Correct Answer: (C)
40%
Explanation: Net increase = 12 + 25 + (12 × 25)/100 = 40%.
Explanation by: Mr. Dubey
Net increase = 12 + 25 + (12 × 25)/100 = 40%.