A company gives Rs.25,000 bonus to each of its employees annually. If company increases their bonus ratio 5:4, what is the new bonus that did each person get?
A company gives Rs.25,000 bonus to each of its employees annually. If company increases their bonus ratio 5:4, what is the new bonus that did each person get?
Explanation
Let's assume the new bonus is 5x and the old bonus is 4x. Given the old bonus is 25000, so 4x = 25000.
x = 25000 / 4 = 6250.
New bonus = 5x = 5 × 6250 = 31250.