Question

Vibhor joined as an area manager of Quick Corporation in the pay scale of ` 12,000 – 500 – 18,500. Minimum how many years he has to work in the corporation to avail the salary ` 18,500 per month?
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Answer 1

Given : Vibhor joined as an area manager of Quick Corporation in the pay scale of ` 12,000 – 500 – 18,500

To  Find : Minimum how many years he has to work in the corporation to avail the salary ` 18,500 per month?

Solution:

12,000 – 500 – 18,500

Basic start Pay = 12500 per month

Increment every year = 500

Salary increased in n years = 500n

Salary after working work n years = 12500 + 500n

12500 + 500n  = 18,500

=> 500n  = 6,000

=> n = 12

After 12 years of working he can avail salary ` 18,500 per month

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