In a month payment for wages is rs 1400 when lag in payment of wages is 1/8 month If total wages of current month are rs 1200,the total wages for the previous month was
Answers
Answer:
2800
Explanation:
current month payable salary is 1200*7/8=1050
current month payment = 1400
payment of previous month in current month= 1400-1050 i.e 350/-
now 350 is 1/8 portion of previous month
so total previous month salary = 350*8/1
= 2800
Given : in a month payment for salary was Rs 1400 when the lag in payment of salary is 1/8 month
total salaries of current month are 1200
To Find : determine salaries of previous month
Solution:
payment for salary was Rs 1400
total salaries of current month are 1,200
lag in payment of salary is 1/8 month
Hence salary received = 7/8 of 1200 + (1/8) last month
7/8 of 1200 + (1/8) last month = 1400
=> 1050 + (1/8) last month = 1400
=> (1/8) last month = 350
=> last month = 2800
salaries of previous month = 2800
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