A labor contract specifies a 6 percent salary increase plus a bonus of Tk. 450 for each employee. For a certain employee, this is equivalent to an 8 percent salary increase. What was this employee's salary before the new contract?

A labor contract specifies a 6 percent salary increase plus a bonus of Tk. 450 for each employee. For a certain employee, this is equivalent to an 8 percent salary increase. What was this employee's salary before the new contract?

A Tk. 21,500

B Tk. 22,500

C Tk. 23,500

D Tk. 24,500

Solution

Correct Answer: Option B