Allied & ICAR Exam Bank • ALLIED_1786 MCQ • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A company grants a 12% across-the-board pay hike. If the payroll budget expands by Rs 3,60,000, the original payroll budget was:

Options:

  • (A) Rs 30,00,000
  • (B) Rs 25,00,000
  • (C) Rs 32,00,000
  • (D) Rs 28,00,000

Answer Key:

A

Step-by-Step Solution & Explanation

$0.12 B = 360000 \implies B = 360000 / 0.12 = 3000000$ rupees.
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