Question

Mr. X started work in 2011 at an annual salary of 4,00,000 in a reputed company and he received a 50,000 increament each year. In which year his annual salary will be 16,00,000?

Answer 1

Answer:

in 2035, he receive annual salary 16,00,000

Step-by-step explanation:

Net salary ( Rs 16,00,000) - Current salary (Rs 4,00,000)= Rs, 12,00,000

12,00,000÷(increment rs 50,000)

12,00,000

-------------- = 24

50,000

now, we calculate the year,

2011+(24)= 2035