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The monthly income of a person is ₹ 5000. If his income is increased by 30% then what is his monthly income now?

₹ 7000
₹ 5500
₹ 4500
₹ 6500

Correct Answer: ₹ 6500

Explanation:

Monthly income of a person = ₹ 5000
Increment in income = (30/100) x 5000 = 1500
New income = 5000 + 15000 = ₹ 6500

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