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?
- Rs.31325
- Rs.31175
- Rs.31250
- None of these
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.
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