Allied & ICAR Exam Bank • ALLIED_2555 NAT • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

Raman's salary was increased by 10% in 2023 and by another 20% in 2024. The overall percentage increase in his salary over the two years is:

Answer Key:

32

Step-by-Step Solution & Explanation

Overall multiplier $= 1.10 \times 1.20 = 1.32$, representing a 32% increase.
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