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
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