Mrudula starts her job with a certain monthly salary and earns a fixed increment every year. If her salary was ₹28,400 after six years of service and ₹52,997 after fifteen years, find her annual increment.

Question

Accepted Answer

Let the initial salary be S and the annual increment be I.

After 6 years, salary = S + 6I = 28,400
After 15 years, salary = S + 15I = 52,997

Subtract the first equation from the second:
(S + 15I) - (S + 6I) = 52,997 - 28,400
15I - 6I = 24,597
9I = 24,597
I = 24,597 / 9 = 2,733

Therefore, the annual increment is ₹2,733.

Answer

Answer

Answer