Rajesh starts his job with a monthly salary of ₹20,000 and he get a fixed annual increment of ₹4000. What will be his salary 10th years? *
Answers
Answer:
20000 multiply 10 = 200000
next step
200000/40000 = 5
40000+20000
= 60000
Given,
Initial monthly salary of Rajesh = Rs. 20,000
Fixed annual increment = Rs. 4,000
To find,
Salary of Rajesh in the 10th year.
Solution,
We can simply solve this mathematical problem by using the following mathematical process :
Per year increase in salary of Rajesh = Rs. 4,000
This implies that, after n-th years from the initial year of the job, the total increase in the initial salary can be calculated as follows;
Total increment in the initial salary, in after "n" years from the initial year = Rs. (n x 4000)
Now, the total increment in the initial salary, in the 10th year from the initial year = Rs. (10 x 4000)
= Rs. 40,000
So,
The total salary of Rajesh in the 10th year
= Initial salary + total increment in the initial
salary
= Rs. 20,000 + Rs. 40,000
= Rs. 60,000
Hence, the total salary of Rajesh in the 10th year is Rs. 60,000.