A man starts his job with a certain monthly salary and earns a fixed increment every year. If his salary was after year of service and after years of service, what was his starting salary and what is the annual increment?
Let be the starting salary of a man and be the fixed annual increment.
Then,
Salary after years of service
Salary after years of service
As per the question, given that,
…………eq.
………..eq.
On subtracting equation () from equation (), we get,
Substituting in equation (), we get,
Therefore, the starting salary of a man was and the annual increment is .