Select the correct answerRam’s salary is 75% more than Ashu’s. Ram got a raise of 40% on his salary, while ashu got a raise of 25% on his salary. By what percentage is Ram’s salary more than Ashu’s?Options96%69%76%74%
Question
Select the correct answerRam’s salary is 75% more than Ashu’s. Ram got a raise of 40% on his salary, while ashu got a raise of 25% on his salary. By what percentage is Ram’s salary more than Ashu’s?Options96%69%76%74%
Solution
Sure, let's solve this step by step:
- Let's assume Ashu's salary is 100 units.
- According to the problem, Ram's salary is 75% more than Ashu's. So, Ram's salary is 100 + 75 = 175 units.
- Ram got a raise of 40% on his salary. So, his new salary is 175 + 0.40*175 = 245 units.
- Ashu got a raise of 25% on his salary. So, his new salary is 100 + 0.25*100 = 125 units.
- Now, we need to find out by what percentage is Ram’s salary more than Ashu’s. The difference between their salaries is 245 - 125 = 120 units.
- To find out the percentage, we divide the difference by Ashu's salary and multiply by 100. So, the percentage is (120/125)*100 = 96%.
So, the correct answer is 96%.
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