Solution - Let,
C = 100
B = C + (24/100 *C)
B = 100 + (24/100*100)
B = 124
A = 40% of B
A = (40/100*124)
A = 49.6
A/C
C's income is more than A's income in percentage = 100 - 49.6
= 50.4
= (50.4/49.6*100)
= 101.6
Hence,
The correct option is (b)101.6%
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