Question

the salary of Ram increased by 4% every year what will be salary increase after 2 years​

Answer 1

Answer:

108.16

Step-by-step explanation:

SALARY AFTER 1 YEAR = 104%

SALARY AFTER 2 YEAR = 104 X 104 /100

= 10816/100

= 108.16

Answer 2

The answer is 8.16%

GIVEN

The salary of Ram increased by 4% every year.

TO FIND

Increase in salary after 2 years.

SOLUTION

We can simply solve the above problem as follows;

Let the annual salary of Ram = x

Rate at which annual salary is increased = 4%

Salary after 1 year = 4% of x + x = 1.04x

Salary after 2 years = 4% of 1.04x + 1.04x = 1.0816x

Increase in the salary = 1 .0816x - x = 0.0816x

Percentage increase in the salary = 0.0816x × 100 = 8.16%

Hence, The answer is 8.16%

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