CAT 2024 Slot 3 — QA Question 18
Permutation & CombinationEasy
After two successive increments, Gopal's salary became 187.5% of his initial salary. If the percentage of salary increase in the second increment was twice of that in the first increment, then the percentage of salary increase in the first increment was
Answer & solution
- A
30
25
- C
27.5
- D
20
Solution
Medium
Let the first increment be ; the second is . Apply the two successive multipliers and set the result equal to of the original. Solve the resulting quadratic in .
1
Set up the multiplier equation. First increase , then .
2
Expand into a quadratic. Let .
3
Solve and take the positive root.