Twelve percent of Kalyan's monthly salary is equal to the sixteen per cent of Nandu's monthly salary. Sarnesh's monthly salary is half that of Nandu's monthly salary. If sarnesh's annual salary is Rs. 1.08 lacs, What is Kalyan's monthly salary ?
Solution
Correct Answer: Option C
Let K = Kalyan's monthly salary
N = Nandu's monthly salary
S = Sarnesh's monthly salary.
Then from given data,
12% of K = 16% of N
S = N/2 => N = 2S
K = 16/12 x N = 16/12 x 2S
= 16/6 x 1.08/12 = 16/6 x 0.09 = 0.24 lacs = 24,000
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