Question

Akhil's starting salary is 1600 p.m. He is received an increment 10% annually. what is the salary at the starting month of six year?

Answer 1

Answer:

if his salary is 1600 then 1600×12 =19200× 10% incentive = 1920 = 19200+1920=21120

Answer 2

Answer:

Salary at the starting month of six year = 2240

Step-by-step explanation:

As given in the question ,

Akhil's starting salary is =  1600 per month

As he received an increment of 10 % per year.That is,

10 % of 1600 = 160

This means every year his salary is increased by Rs 160.

First year's salary = 1600

Second year's salary = 1600 + 160 = 1760

Third year's salary = 1760 +160 = 1920

forth year's salary = 1920 + 160 = 2080

fifth year's salary = 2080 + 160 = 2240

Therefore, at the starting month of six year his salary is 2240.