Q. A person's salary is increased by 10% and then by another 20%. By what percentage should it now be reduced to reach the original salary?
✅ Correct Answer: (A)
24.24%
Explanation: New salary = 1.10 × 1.20 = 1.32 times the original. Required reduction = (32/132) × 100 = 24.24%.
Explanation by: Mr. Dubey
New salary = 1.10 × 1.20 = 1.32 times the original. Required reduction = (32/132) × 100 = 24.24%.