Finding Increase or Decrease Percentage in Situations
Pooja started...
Question
Pooja started her job with certain monthly salary and gets a fixed increment every year If her salary was Rs 4200 after 3 years and Rs 6800 after 8 years of service then what are her initial salary and the annual increment (in Rs)?
A
2640,320
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B
2460,320
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C
2460,520
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D
2640,520
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Solution
The correct option is D 2640,520 Given the Pooja salary after 3 years is Rs 4200 and after 8 years is Rs 6800
Then salary increased in 5 years =6800-4200=2600 Rs
Then salary increased in one year=26005=520
And salary increased in three years=520×3=1560 Rs
Then initial salary =4200-1560=2640 Rs
Then initial salary and annual increment are Rs 2640 and Rs 520