Salary of Mohit is 60% more than Vijay. Salary of Vijay is how much percent less than Mohit?

Answer: Option D

Given:
Salary of Mohit is 60% more than Vijay
Formula used:
Percentage = $$\frac{\text{Difference}}{\text{Larger value}}\times 100$$
Calculations:
Let the salary of Vijay = Rs. 100
⇒ So, the salary of Mohit = 100 + 60% of 100 = 100 + 60 = Rs. 160
According to the formula,
$$\begin{array}{rl}& \Rightarrow \text{Percentage}=\frac{\text{Difference}}{\text{Larger value}}\times 100\\ & =\frac{160-100}{160}\times 100\\ & =\frac{60}{160}\times 100\\ & =37.5\%\end{array}$$
Hence, the salary of Vijay and less than Mohit by 37.5%