A person starts a job with some fixed salary and yearly increment.
After 4 years his salary is Rs.15000 and after 10 years it becomes Rs.
18000. Then find his monthly salary and increment.
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Given info : A person starts a job with some fixed salary and yearly increment. after 4 years, his salary is 15,000 Rs. and after 10 years, it becomes 18,000 Rs.
To find : his monthly salary and increment are ..
solution : let his yearly salary is a and yearly increment is d.
after 4 years,
a + 4d = 15000 ...(1)
after 10 years,
a + 10d = 18000 ...(2)
from equations (1) and (2) we get,
a + 10d - a - 4d = 18000 - 15000
⇒ 6d = 3000
⇒d = 500
so a = 15000 - 4d = 15000 - 4 × 500 = 13000
Therefore his salary is 13000 Rs. per annum and increment is 500 Rs. per annum
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