Math Problem Statement

A person starts a job with some fixed salary and yearly increment. After 4 years, his yearly salary is ₹5000, and after 10 years, his salary becomes ₹7500.

Solution

The text in the image reads:

"A person starts a job with some fixed salary and yearly increment. After 4 years, his yearly salary is ₹5000, and after 10 years, his salary becomes ₹7500."

This problem involves arithmetic progression. Let us analyze it:

Problem Breakdown:

  1. Let the initial yearly salary (fixed salary) be S.
  2. Let the yearly increment be I.
  3. After 4 years, the salary will be: S+4I=5000S + 4I = 5000
  4. After 10 years, the salary will be: S+10I=7500S + 10I = 7500

Solving the Equations:

We have two equations:

  1. S+4I=5000S + 4I = 5000
  2. S+10I=7500S + 10I = 7500

Subtracting the first equation from the second: (S+10I)(S+4I)=75005000(S + 10I) - (S + 4I) = 7500 - 5000 6I=25006I = 2500 I=25006=416.67I = \frac{2500}{6} = 416.67

Substituting I=416.67I = 416.67 into S+4I=5000S + 4I = 5000: S+4(416.67)=5000S + 4(416.67) = 5000 S+1666.67=5000S + 1666.67 = 5000 S=50001666.67=3333.33S = 5000 - 1666.67 = 3333.33

Final Answer:

  • Initial salary, S=3333.33S = ₹3333.33
  • Yearly increment, I=416.67I = ₹416.67

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Related Questions:

  1. How can you calculate the salary after 15 years using this formula?
  2. What is the formula for the salary after nn years in this scenario?
  3. How would the solution change if the yearly increment was fixed at 500₹500?
  4. Can we calculate the total income earned over the first 10 years?
  5. What are some practical uses of arithmetic progression in salary modeling?

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Math Problem Analysis

Mathematical Concepts

Arithmetic Progression
Linear Equations

Formulas

nth term of arithmetic progression: an = a1 + (n - 1)d
Solving linear equations: ax + b = c

Theorems

Arithmetic Progression Formula

Suitable Grade Level

Grades 8-10