Home
Class 10
MATHS
A man joined a company as Assistant Mana...

A man joined a company as Assistant Manager. The company gave him a starting salary of ₹60,000 and agreed to incease his salary 5% annually. What will be his salary after 5 years.

Text Solution

Verified by Experts

The correct Answer is:
Rs 76577
Promotional Banner

Topper's Solved these Questions

  • NUMBERS AND SEQUENCES

    FULL MARKS|Exercise EXERCISE 2.8|10 Videos
  • NUMBERS AND SEQUENCES

    FULL MARKS|Exercise EXERCISE 2.9|7 Videos
  • NUMBERS AND SEQUENCES

    FULL MARKS|Exercise EXERCISE 2.6|12 Videos
  • MENSURATION

    FULL MARKS|Exercise ADDITIONAL QUESTIONS SOLVED (iii)|8 Videos
  • RELATIONS AND FUNCTIONS

    FULL MARKS|Exercise ADDITIONAL QUESTIONS SOLVED (ANSWER THE FOLLOWING QUESTIONS)|26 Videos

Similar Questions

Explore conceptually related problems

Subba Rao started his job in 1995 at a monthly salary of 5000 and received an increment of 200 each year. In which year did his salary reach 7000?

Sivamani is attending an interview for a job and the company gave two offers to him Offer A: ₹20,000 to start with followed by a guaranted annual increase of 3% for the first 5 years. Offer B: ₹22,000 to start with followed by a guaranteed annual increase of 3% for the first 5 years. what is this salary in the 4th year with respect to the Offer A and B?

A man is appointed in a job with a monthly salary of certain amount and a fixed amount of annual increment. If his salary was Rs 19,800 per month at the end of the first month after 3 years of service and Rs 23,400 per month at the end of the first month after 9 years of service find his starting salary and his annual increment. (Use matrix inversion method to solve the problem.)

A man deposited Rs 10000 in a bank at the rate of 5% simple interest annually. Find the amount in 15^(th) year since he deposited the amount and also calculate the total amount after 20 years.

A company has four categories of employees given by Assistants (A), Clerks(C), Mangagers (M) and an Excutive Officer(E). The company provide ₹10,000, ₹25,000, ₹50,000 and ₹1,00,000 as salaries to the people who work in the categories A, C, M and E respectively. If A_(1), A_(2), A_(3), A_(4) and A_(5) were Assistants, C_(1), C_(2), C_(3), C_(4) were Clerks, M_(1), M_(2) and M_(3) were managers and E_(1), E_(2) were Executive officers and if the relation R is defined by xRy, where x is the salary given to person y, express the relation R through an ordered pair and an arrow diagram/