Math Problem Statement
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:
- Let the initial yearly salary (fixed salary) be S.
- Let the yearly increment be I.
- After 4 years, the salary will be:
- After 10 years, the salary will be:
Solving the Equations:
We have two equations:
Subtracting the first equation from the second:
Substituting into :
Final Answer:
- Initial salary,
- Yearly increment,
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Related Questions:
- How can you calculate the salary after 15 years using this formula?
- What is the formula for the salary after years in this scenario?
- How would the solution change if the yearly increment was fixed at ?
- Can we calculate the total income earned over the first 10 years?
- 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
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