Two persons ajay and vijay started working for a company in similar jobs on january, 1, 1991. Ajay's initial monthly salary was rs.400, which increases by rs.40 after every year. Vijay's initial monthly salary was rs.500 which increases by rs.20 after every six months. If these arrangements continue till december, 31, 2000, find the total salary they received during that period.
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Answer:
getting 93,300
salary of X = 300*12+330*12+360*12........600*12
=> 12(300+330+360.....600)
=> a=300 , d=30 , n=10
=> 52,200
salary of Y = 200*6+215*6......
=> 6(200+215+230.....upto 20 terms)
=> a=200 , d=15 , n=20
=> 41,100
total = 93,300
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Answer:
Ajay
Monthly salary = ₹ 400
total salary for 10 year = 400×12×10
= 48000
Increment every year of ₹40
Total increment for 10 years = 400
Total salary received by Ajay = ₹48,400
Vijay
Monthly salary = ₹ 500
Total salary for 10 year = 500×12×10
= 60000
increment every year = 20+20= 40
total increment for 10 years = 400
Total salary received by Vijay = ₹60,400
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