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Naresh's monthly income is reduced by 15...

Naresh's monthly income is reduced by 15%. By what percentage his monthly income must be increased so that it is again equal to his original monthly income?

A

17.6%

B

14.6%

C

15.6%

D

16.6%

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we can follow these calculations: 1. **Let the original monthly income be 100.** - This is a convenient assumption that simplifies calculations. 2. **Calculate the reduced income after a 15% decrease.** - A 15% decrease from 100 is calculated as: \[ \text{Reduced Income} = 100 - (15\% \text{ of } 100) = 100 - 15 = 85 \] 3. **Determine how much income needs to be added to return to the original amount.** - To find out how much needs to be added to 85 to get back to 100: \[ \text{Amount to be added} = 100 - 85 = 15 \] 4. **Calculate the percentage increase required.** - The percentage increase is calculated based on the reduced income (85): \[ \text{Percentage Increase} = \left(\frac{\text{Amount to be added}}{\text{Reduced Income}}\right) \times 100 = \left(\frac{15}{85}\right) \times 100 \] - Performing the division: \[ \frac{15}{85} \approx 0.1765 \] - Now multiply by 100 to convert to percentage: \[ 0.1765 \times 100 \approx 17.65\% \] 5. **Conclusion:** - Therefore, Naresh's monthly income must be increased by approximately **17.65%** to return to his original income.
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