Math Problem Statement
A person start a job with some fix salory and yearly incriment after 4 year his salory is become 15000 and after ten year it become 18000 then find his monthly salory and increment
Solution
This problem can be solved using the concept of arithmetic sequences because the salary increases by a fixed amount (increment) every year.
Assumptions:
- Let the initial salary be (in Rs.).
- Let the yearly increment be (in Rs.).
We know:
- After 4 years, the salary becomes .
- After 10 years, the salary becomes .
Formulating equations:
-
Salary after years:
-
Given conditions:
- For : S + 4 \cdot I = 15000 \tag{1}
- For : S + 10 \cdot I = 18000 \tag{2}
Solving the equations:
Subtract equation (1) from equation (2):
Substitute into equation (1):
Results:
- Initial salary (S): Rs. 13,000 per year.
- Yearly increment (I): Rs. 500 per year.
To find the monthly salary:
Final Answer:
- Initial monthly salary: Rs. 1083.33
- Yearly increment: Rs. 500
Would you like a detailed explanation of any step?
Here are some related questions you might find helpful:
- What if the salary increase was not constant?
- How would this change if increments were every 6 months instead of yearly?
- Can you plot the salary progression over time?
- What is the salary after 15 years?
- How do arithmetic sequences apply to financial growth problems?
Tip: Arithmetic sequences are widely used in financial calculations like loans, savings, and salary projections. Understanding them helps in planning finances better!
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Math Problem Analysis
Mathematical Concepts
Arithmetic Sequences
Linear Equations
Formulas
S_n = S + n * I
Monthly Salary = Yearly Salary / 12
Theorems
Arithmetic Sequence Formula
Suitable Grade Level
Grades 8-10
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