solution for the word problem on arithmetic progression for a person is appointment on a basic salary of rs.1000 per month and gets a increment of rs.50 every year. he contributes 10% to pf . what will be total contribution to pf during his 25 years of service
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Answer:
The answer is Rs4000.
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Answer:
a=1000*12
(1000 is per month salary)
d=50*12
S25= 25/2(12000*2+24*600)
=25/2(24000+14400)
=480000
10% pf = 480000*10/100
= 48000
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