Question

A man joined a company as Assistant Manager. The company gave him a starting sa
360,000 and agreed to increase his salary 5% annually. What will be his salary after 5 years?
(7
) ? nl 22.1 h
00-n COM A
LI 10X PLOVILOT GLO​

Answer 1

Answer:

360,000×5÷100

=1800×5

=9000

9000×5 yrs

=45000

Answer 2

Answer: 450000 Rs

Step-by-step explanation:

simple interest= principle x time x rate/ 100

                         = 360000 x 5 x 5 /100

                         = 90000

total amount= principle+simple interest

                      = 360000+90000

                      =450000

therefore, total salary after 5 years = 450000 Rs