Math Problem Statement

A part of Anil's salary is constant and a part of it is variable. His variable salary increased by 50% and 33.33% at the end of two consecutive years as a result of

which his total salary now is 30% more than his total salary 2 years back. What percent of his total salary was his fixed salary 2 years ago?

Solution

Let's break down the problem step by step:

Notation:

  • Let S0S_0 be Anil's total salary 2 years ago.

  • Let FF be the fixed (constant) part of his salary (which remains unchanged over time).

  • Let V0V_0 be the variable part of his salary 2 years ago.

  • His total salary 2 years ago is thus: S0=F+V0S_0 = F + V_0

  • Over the next two years, his variable salary increased:

    • In the first year, by 50%, so the variable salary became 1.5V01.5V_0.
    • In the second year, by 33.33%, so it further became: 1.3333×1.5V0=2V01.3333 \times 1.5V_0 = 2V_0
  • At the end of two years, his total salary increased by 30%, meaning his new total salary S2S_2 is: S2=1.3S0S_2 = 1.3S_0

Since the fixed salary remains constant, the new total salary at the end of two years is: S2=F+2V0S_2 = F + 2V_0

Now, equate the two expressions for S2S_2: F+2V0=1.3(F+V0)F + 2V_0 = 1.3(F + V_0)

Solve for FF and V0V_0:

Expand the right-hand side: F+2V0=1.3F+1.3V0F + 2V_0 = 1.3F + 1.3V_0 Rearrange the terms: F1.3F=1.3V02V0F - 1.3F = 1.3V_0 - 2V_0 0.3F=0.7V0-0.3F = -0.7V_0 Simplify: F=73V0F = \frac{7}{3}V_0

Find the percentage of the fixed salary:

The total salary 2 years ago was S0=F+V0S_0 = F + V_0. Substituting F=73V0F = \frac{7}{3}V_0: S0=73V0+V0=103V0S_0 = \frac{7}{3}V_0 + V_0 = \frac{10}{3}V_0

The fixed salary as a percentage of the total salary is: Percentage of fixed salary=FS0×100=73V0103V0×100=710×100=70%\text{Percentage of fixed salary} = \frac{F}{S_0} \times 100 = \frac{\frac{7}{3}V_0}{\frac{10}{3}V_0} \times 100 = \frac{7}{10} \times 100 = 70\%

Thus, 70% of Anil's total salary 2 years ago was his fixed salary.

Would you like more details or have any questions?

Here are 5 related questions to explore:

  1. What happens to the percentage of the fixed salary after the variable salary increases?
  2. How would the outcome change if the variable salary increased by different percentages each year?
  3. What if Anil's total salary increased by 40% instead of 30%? How would this affect the fixed salary percentage?
  4. How would you approach the problem if both the fixed and variable parts increased annually?
  5. If the variable salary was initially 50% of the total, how does that affect the final calculation?

Tip: When dealing with percentage changes over multiple years, it's important to apply them sequentially rather than adding them up directly.

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Math Problem Analysis

Mathematical Concepts

Algebra
Percentage Change
Linear Equations

Formulas

Total Salary (2 years ago): S_0 = F + V_0
Total Salary (after 2 years): S_2 = F + 2V_0
Salary increase: S_2 = 1.3(S_0)
Percentage of fixed salary: (F / S_0) * 100

Theorems

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Suitable Grade Level

Grades 9-12