Question:
Salary of an employ increases consistently by 50% every year. If his salary today is 10000. What will be the salary after 4 years?
A50770
B45250
C50625
D62500
Answer:
C. 50625
Explanation:
Salary after 4 years = 10000 x 150/100 x 150/100 x 150/100 x 150/100 = 50625