Twelve percent of Kalyan's monthly salary is equal to the sixteen per cent of Nandu's monthly salary. Sarnesh's monthly salary is half that of Nandu's monthly salary. If sarnesh's annual salary is Rs. 1.08 lacs, What is Kalyan's monthly salary ?

Correct Answer: 24,000

Let K = Kalyan's monthly salaryN = Nandu's monthly salaryS = Sarnesh's monthly salary.Then from given data, 12% of K = 16% of NS = N/2 => N = 2SK = 16/12 x N = 16/12 x 2S= 16/6 x 1.08/12 = 16/6 x 0.09 = 0.24 lacs = 24,000