self
Maths Puzzle
If the gross salary for first year is Rs. 45000 and an employee has two options to choose from for increment .Either he can opt for 4% yearly increase or Rs. 25000/- yearly increase on the gross salary. If an employee choose the first option, after how many years his salary will be more than the option two ?
Read Solution (Total 3)
-
- After 18 years
if initial annual gross salary = Rs. 450000/-
check when
450000+25000*n = 450*(1+4/100)^n - 11 years agoHelpfull: Yes(8) No(2)
- Pl. read gross salary for first year as Rs. 450000.
- 11 years agoHelpfull: Yes(1) No(3)
- 15 years.....
4% increase means 1800 . so, increment would come in 14 years.. - 11 years agoHelpfull: Yes(1) No(2)
self Other Question